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Quantitative Problem: Rosnan Industries 2017 and 2016 balance sheets and income statements are shown below. All of the balance of Cash and Equivalents is an operating asset. Balance Sheets 2017 2016 Cash and equivalents $100 $85 Accounts receivable 275 200 Inventories 250 Total current assets $750 $635 Net plant and equipment 2.000 1,490 Total assets $2,750 $2,125 375 $150 75 150 Accounts payable Accruals Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity $375 450 1,225 700 $85 50 75 $210 290 1,225 400 $2,125 $2,750 Income Statements: 2017 Sales Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT Interest $2,000 1,250 $750 100 5650 62 2016 $1,500 1,000 $500 75 $425 45 $380 157 EBT Tavs 404 2 Income Statements: 2017 Sales Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT Interest EBT Taxes (40%) Net income $2,000 1,250 $750 100 $650 62 $588 235 $353 2016 $1,500 1,000 $500 75 $425 45 $380 152 $228 Dividends paid Addition to retained earnings $53 $300 $48 $180 Shares outstanding Price WACC 160 $27.78 9.009 160 $25.28 Using the financial statements above, what is Rosman's 2017 market value added (MVA)? Round your answer to the nearest dollar. Do not round intermediate calculations. Using the financial statements given earlier, what is Rosnan's 2017 economic value added (EVA)? Round your answer to the nearest cent. Do not round intermediate calculations