Question 4 of 6 - /1 View Policies Current Attempt in Progress The following income statements and other information are available for the Marx Company: 2020 Sales $418,000,000 2019 $275,000,000 132,000,000 2018 $209,000,000 100,100,000 Less cost of goods sold 231,000,000 Gross margin 187,000,000 143,000,000 108,900,000 Less: 30,250,000 21,538,000 12,948,000 10,395,000 Selling and administrative costs Research and development Income from operations Less taxes on income Net income 143,802,000 76,967,000 27,225,000 13,640,000 102.135,000 20,427,000 $81,708,000 $731,500,000 28,760,400 $115,041,600 $786,500,000 15,393,400 $61.573,600 Total assets $485,100,000 Noninterest bearing current liabilities Cost of capital 15,400,000 12.430,000 10,868,000 12% 12% 12% Calculate EVA for 2020. Assume that for purposes of calculating EVA the company capitalizes research and development expenditures and amortizes them over three years, including the year they are incurred. For external reporting purposes, research and development is expensed in the year incurred, as indicated in the income statements above. (Round answer to the nearest whole dollar, 08.5,725. Enter negative answers preceding either - sign, eg.-45 or in parentheses, es. (45) EVA for 2020 $