Find a Venture's "Economic Value Added" EVA) Based on the Following

Find a venture's "economic value added" EVA) based on the following information: EBIT = $200,000; financial capital used = $500,000; WACC = 20%; effective tax rate = 30%.

A) $20,000
B) $25,000
C) $30,000
D) $40,000
E) $50,000