The following income statements and other information are available for the Schneider Company:

2014	2013	2012
Sales	$384,600,000	$240,500,000	$196,600,000
Less cost of goods sold	211,530,000	115,440,000	94,368,000
Gross margin	173,070,000	125,060,000	102,232,000
Less:
Selling and administrative costs	26,922,000	24,050,000	19,660,000
Research and development	15,384,000	12,025,000	9,830,000
Income from operations	130,764,000	88,985,000	72,742,000
Less taxes on income	39,229,200	26,695,500	21,822,600
Net income	$91,534,800	$62,289,500	$50,919,400
Total assets	$718,500,000	$668,800,000	$445,100,000
Noninterest-bearing current liabilities	144,300,000	11,400,000	98,060,000
Cost of capital	12%	12%	12%

Calculate EVA for 2014. 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, e.g. 5,725.)

EVA for 2014

$