Economic Value Added Falconer Company had net (after-tax) income last year of $12,746,662 and total capital employed of $120,694,320. Falconer's actual cost of capital was 8%. Required: 1. Calculate the EVA for Falconer Company. Enter negative values as negative numbers, if required. Round your answer to the nearest dollar. $ 2. Conceptual Connection: Is Falconer creating or destroying wealth? Falconer is creating wealth

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