Back Mountain Industries (BMI) has two divisions: East and West. BMI has a cost of capital of 25 percent. Selected financial information (in thousands of dollars) for the first year of business follows. $4,400 $8.400 795 900 Sales revenue Income Tnvestment (beginning of year) Current liabilities (beginning of year) RED expenditures 1.850 370 350 3.400 370 1.250 *R&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Required: a-1. Evaluate the performance of the two divisions assuming BMI uses economic value added. (Enter answers in thousands of dollars. Round your answers to 1 decimal place.) Divisions EVA West a-2. Which division had the better performance? East West