u. The Fed Funds rate remained in the 0-.25% range for 7 ye e. Household debt reached a new high recently. Hoff Products recently reported the following information: Net income = $800,000 Sales = $4,000,000 Total Assets =$6,900,000 Tax rate=21%. Interest expense = 240,000 Accounts Payable = $210,000 Accruals = $150,000 Notes Payable = $140,000 After-tax cost of capital = 11%. (V- What is the company's EVA? a. $270,200 b. $230,600 c. $310.400 d. $260,100 e. None of the above