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The Monarch Division of Allgood Corporation has a current ROI of 14 percent. The company target ROI is 10 percent. The Monarch Division has an opportunity to invest $5,700,000 at 12 percent but is reluctant to do so because its ROI will fall to 13.25 percent. The present investment base for the division is $9,500,000. Required a. Calculate the current residual income and the residual income with the new investment opportunity being included: b. Based on your answers to requirement a, should Monarch Division make the investment? Finch Company is considering investing in two new vans that are expected to generate combined cash inflows of $27,500 per year. The vans" combined purchase price is $90,500. The expected life and $ alvage value of each are five years and $21,100, respectively. Finch has an average cost of capital of 10 percent. (PV of $1 and PVA of $1 ) (Use appropriate factor(s) from the tables provided.) Required a. Calculate the net present value of the investment opportunity. (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to 2 decimal places.) b. Indicate whether the investment opportunity is expected to earn a return that is above or below the cost of capital and whether it, should be accepted