Ztape Ltd$.$ earnings before interest and taxes for the financial year $2011$ amounted to $5$ lakhs. The applicable tax rate is $25\%.70\%$ of the company's assets are financed by debt, which has an after$-$tax cost of $4\%,$ while $30\%$ is financed by equity with a cost of $8\%.$ Ztape$$s average total capital employed over the period amounted to $50$ lakh. Calculate the company$$s Economic Value Added.