A division is considering the acquisition of a new asset that will cost $2.960.000 and have a cash flow of $760,000 per year for each of the four years of its life. Depreciation is computed on a straight-line basis with no salvage value. Ignore taxes. Required: a. & b. What is the ROI for each year of the asset's life of the division uses beginning-of-year asset balances and net book value for the computation? What is the residual income each year of the cost of capital is 8 percent? (Enter "Ror" answers as a percentage rounded to 1 decimal place (l.e., 32.1). Negative amounts should be indicated by a minus sign.) Year ROI Residual Income Investment Base 3 2.980.000 1 2 3 % 4