The division director for Natchez Corporations Mississippi division, which operates as an investment center, is considering investing in machinery, which costs $2,200,000 and is expected to generate $332,000 in additional operating income. If the divisions weighted average cost of capital is 11% and its tax rate is 20%, what is the equipments EVA?

A : $23,600

B : $332,000

C : $242,000

D : $90,000