Waldorf Company has two sources of funds: longterm debt with a market and book value of $5,400,000 issued at an interest rate of 12%, and equity capital that has a market value of $4,500,000 (book value of $2,200,000). Waldorf Company has profit centers in the following locations with the following operating incomes, total assets, and current liabilities. The cost of equity capital is 12%, while the tax rate is 35%. Operating Income Assets Current Liabilities St. Louis $480,000 $2,000,000 $100,000 Cedar Rapids $650,000 $2,100,000 $360,000 Wichita $1,020,000 $6,000,000 $600,000 What is the EVA for Cedar Rapids? (Round intermediary calculations to four decimal places.)