The following selected data pertain to Coburg Company's furniture division for last year: Sales $5,303,000 Variable costs $2,960,000 Traceable fixed costs $832,000 Average invested capital (assets) $7,580,000 Current liabilities $543,000 Required rate of return 14% Marginal tax rate 29% Weighted average cost of capital 10% E Your answer is incorrect. Try again. Calculate the residual income. Residual income $m1l IE Your answer is incorrect. Try again. Calculate the return on investment. Your answer is correct. Calculate the economic value added. EVA $ 22660