Auto Parts is a division of MPI International, located in Wadena, Saskatchewan. Auto Parts manufactures various automobile parts, such as bumpers, fenders, and axles, and sells them to major auto manufacturers. The division and its management are evaluated by senior corporate management on the basis of investment centre concepts. The following information pertains to operations of the Auto Parts division for 2014 $22,050,000 Total revenues 9,078,000 Direct variable costs 7,805,000 Direct fixed costs 4,096,000 Allocated corporate costs Book Values Market Values December 31 December 31 December 31 December 31 2014 2014 2013 2013 Current assets 1,299,000 1,866,000 12,129,000 Fixed assets 10.650.000 Accumulated depreciation 1.299.000 (1,816,000 Total operating assets $10,650,000 $12,179,000 $9,881,000 $10,922,000 3,115,000 3,624,000 Liabilities