A firm$$s cost of capital is $10\%.$ The firm$$s book equity is $$120$ million, and its $10$ million shares $($common$-$only$)$ are selling at $$20/$share$.$ Net income was $$19\mathrm{.}75$ million this year, with a tax rate of $50\%$ and $$500,000$ paid in interest. Total assets equal $$240$ million on the books. Current liabilities are $$50$ million on the books.

Calculate the economic value$-$added for the firm. Leave out the $ in your answer