The most recent balance sheet and income statement for Greshak Corp. are provided below. Note that the firm has no amortization charges, it does not lease any assets, anditsdebt level is expected to remain constant in the future.

Balance Sheet (000's of$)
Assets
Cash and Cash Equivalents	$ 3,108.0
S-T Investment	1,162.0
Accounts Receivable	19,320.0
Inventories	26,880.0
Total Current Assets	50,470.0
Gross Plant and Equipment	52,264.0
Accumulated Depreciation	17,572.0
Net Plant and Equipment	34,692.0
TOTAL ASSETS	$85,162.0
Liabilities and Equity
Accounts Payable	$ 15,960.0
Notes Payable	11,760.0
Accrued Wages and Benefits	9,240.0
Accrued Taxes	2,262.0
Total Current Liabilities	39,222.0
Long-Term Bonds	21,840.0
Total Liabilities	61,062.0
Common Stock	5,620.0
Retained Earnings	18,480.0
Total Common Equity	24,100.0
TOTAL LIABILITIES AND EQUITY	$85,162.0
Income Statement (Millions of $)
Net sales	$117,600.0
Operating Expenses (except depreciation)	109,956.0
Depreciation	2,058.0
Interest Expense	2,100.0
Earnings before taxes (EBT)	3,486.0
Taxes	1,220.0
Net Income	$2,266.0
Other data:
Shares outstanding (millions)	350.00
Common dividends	$ 700.00
Interest rate on Notes Payable & L-T Bonds	6.25%
Federal plus state income tax rate	35.0%
Weighted Average Cost of Capital	5.5%
Year-end stock price	$ 52.25

Based on the above information, what is Greshak's Economic Value Added (EVA)?MAKE SURE YOU USE AT LEAST 4 DECIMAL PLACES WHERE APPLICABLE. YOU MUST TYPE IN ANSWERANDALL OF YOUR WORK TO RECEIVE CREDIT.