A company had budgeted for the following outcomes in the coming year for one of their operational divisions: Budgeted annual revenue $25,000,000 on Forecast profit margin (%) 40% Budgeted average invested capital $40,000,000 If the capital commitment for the period is fixed and the divisional manager wanted to increase ROI by an additional 2% (two percent) through cost reduction, by how much would the manager have to reduce costs to achieve this new target