Problem 12-20 EVA The table below shows a condensed Income statement and balance sheet for Androscoggin Copper's Rumford smelting plant (figures In $ millions). Assume the cost of capital is 11%. Assets, December 31, 2018 Net working capital $ 6.95 Income Statement for 2018 Revenue $ 57.96 Raw materials cost 18.59 Operating cost 20.96 Depreciation 4.37 Pretax income $ 14.04 Tax at 21% 2.95 Net income $ 11.09 Investment in plant and equipment Less accumulated depreciation Net plant and equipment 79.63 21.14 $ 49.49 Total assets $ 56.44 a. Calculate the plant's EVA. (Enter your answer In millions rounded to 2 decimal places.) EVA million b. As the table above shows, the plant is carried on Androscoggin's books at $49.49 million. However, it is a modern design, and could be sold to another copper company for $91 million. How should this fact change your calculation of EVA? (Negative answers should be Indicated by a minus sign. Enter your answer in millions rounded to 2 decimal places.) EVA million