You are analyzing Pegasus Ltd$..$ Its financial data is as follows: net income is $$170$ million, interest before tax is $$40$ million, relevant tax rate is $26\%,$ cost of capital is $7\%,$ long$-$term debt is $$1,200$ million, shareholders$$ equity is $$1400.$ What is this company$$s economic value added?

a$.$

$$19\mathrm{.}20$ million

b$.$

$$17\mathrm{.}60$ million

c$.$

$$20\mathrm{.}00$ million

d$.$

$$18\mathrm{.}40$ million

e$.$

$$16\mathrm{.}80$ million