A pair of parallel conducting rails is separated by 55.0 cm. They are joined at one end by a circuit component containing a light bulb with resistance 144 Ω. A transverse rod completes the circuit, sliding down the rails away from the bulb at a speed of 3.25 cm/s. Finally, the whole apparatus is located in a uniform magnetic field perpendicular to the plane of the circuit, and having a strength of 7.44 T. There is an induced emf in the circuit causing the bulb to glow. How much power is being consumed by the bulb?