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Wendt Inc. reported $18,760 of total net operating capital, $12,000 of sales, $6,525 of operating costs (including depreciation) and $300 of Interest expense. The weighted

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Wendt Inc. reported $18,760 of total net operating capital, $12,000 of sales, $6,525 of operating costs (including depreciation) and $300 of Interest expense. The weighted average cost of that capital (the WACC) was 9%, and the federal-plus-state income tax rate was 40%. What was Wendt's Economic Value Added (EVA) during the year? a $1,596.60 b. $3,786,60 C$501.60 d. $5,511.60

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