Albany Division is considering the acquisition of a new asset that will cost $$540,000$ and have a cash flow of $$180,000$ 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 if the division uses beginning$-$of$-$year asset balances and net book value for the computation? What is the residual income each year if the cost of capital is $10\mathrm{.}0$ percent?

Note: Enter "ROI" answers as a percentage rounded to $1$ decimal place $($i$.$e$.,32\mathrm{.}1).$ Negative amounts should be indicated by a minus sign.

$\backslash$table$[[$Year$,\backslash$table$[[$Investment$],[$Base$]],$ROI,$],[1,$$$540,000,8\mathrm{.}3\%,$$$9,000x$