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The weighted-average cost of capital for Forstone Corporation is 12 percent. Last year one of the divisions of Forstone generated an EVA of $3,720,000, while

The weighted-average cost of capital for Forstone Corporation is 12 percent. Last year one of the divisions of Forstone generated an EVA of $3,720,000, while the division's assets less its current liabilities were $25,600,000.

How much after-tax operating income did the division generate?

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