K.​ Johnson, Inc.'s managers want to evaluate the​ firm's prior-year performance in terms of its contribution to shareholder value. This past​ year, the firm earned an operating income return on investment of 12 ​percent, compared to an industry norm of 11 percent. It has been estimated that the​ firm's investors have an opportunity cost on their funds of 14 ​percent, which is the same as the​ firm's overall cost of capital. The​ firm's total assets for the year were $ 100 million. Compute the amount of economic value created or destroyed by the firm. How does your finding support or fail to support what you would conclude using ratio analysis to evaluate the​ firm's performance? Assume that the firm has no debt.