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 $1,400 S5,400 450 1,900 2.400 220 Sales revenue Income Investment (beginning of year Current liabilities (beginning of year) R&D expenditures 270 220 600 00 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) East West a-2. Which division had the better performance? West East