question 4 (10 marks; 18 minutes) ivision L has reported a net profit after tax of R8.6 million for the year ended 30 April 2023 Included in the sts used to calculate this profit are the following items - Interest payable of R2.3 million - Development costs of R6.3 million for a new product that was launched in May 2022. and is expected to have a life of 3 years - Advertising expenses of R1.6 million that relate to the relaunch of a product in June 2023 he net assets invested in Division L are R30 million. The cost of capital for Division L is 13% per annum Required: 1 Calculate and interpret the Economic Value Added for the division for the year ended 30 April 2023 Show all calculations