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Scranton Shipyards has $17.0 million in total invested operating capital, and its WACC is 10%. Scranton has the following income statement: Sales Operating costs Operating

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Scranton Shipyards has $17.0 million in total invested operating capital, and its WACC is 10%. Scranton has the following income statement: Sales Operating costs Operating income (EBIT) Interest expense Earnings before taxes (EBT) Taxes (40%) Net income. What is Scranton's EVA? Answer options are provided in whole dollar. O $700,000 $875,000 O $595,000 O $525,000 $10.0 million 6.0 million $ 4.0 million 2.0 million $ 2.0 million 0.8 million $ 1.2 million $560,000 Your corporation has the following cash flows: Operating income Interest received Interest paid Dividends received Dividends paid If the applicable income tax rate is 40% (federal and state combined), and if 70% of dividends received are exempt from taxes, what is the corporation's tax liability? O $80,116 O $77,475 O $88,040 O $108,289 $250,000 $10,000 $45,000 $17,000 $50,000 O $87,160

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