The following income statements and other information are available for the Page Company: 2020 2018 Sales 2019 $290,000,000 139,200,000 150,800,000 $440,800,000 243,600,000 197.200,000 Less cost of goods sold Gross margin $220,400,000 105,560,000 114,840,000 Less: 31,900,000 28.710.000 22,712,800 Selling and administrative costs Research and development Income from operations 13,041,600 10,962,000 152,258,400 81,165,200 14,384,000 107.706,000 21,541,200 $86,164,800 Less taxes on income 16,233,040 $64,932,160 Net income Total assets Noninterest-bearing current liabilities Cost of capital 30,451,680 $121,806,720 $829,400,000 16,240,000 12% $511,560,000 $771,400,000 13,108,000 11,460,800 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, eg 5,725. Enter negative answers preceding either - sign, eg.-45 or in parentheses, es (451) EVA for 2020 $