Correll Company Has Two Divisions, a and B -Refer to the Figure

Multiple Choice

Correll Company has two divisions, A and B. Information for each division is as follows:
$\begin{array}{lcc}& \underline{\text { A}}& \underline{\text { B}}\\\text { Net earnings for division } & \$ 40,000 & \$ 260,000 \\\text { Asset base for division } & \$ 100,000 & \$ 1,200,000 \\\text { Target rate of return } & 15 \% & 18 \% \\\text { Margin } & 10 \% & 20 \% \\\text { Weighted average cost of capital } & 12 \% & 12 \%\end{array}$
-Refer to the figure.What is EVA for Division B?

A) $44,000
B) $116,000
C) $144,000
D) $216,000