Back Mountain Industries (BMI) has two divisions: East and West. BMI has a cost -of -capital of 15.5%. Selected financial information (in thousands of dollars) for the first year of business follows: East West Sales revenue $ 1.250 $ 5.500 Income 250 440 Investment (beginning of year) 2.250 3.250 Current liabilities (beginning of year) 250 250 R&D expenditures (note a) 600 450 a R&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Required: Evaluate the performance of the two divisions assuming BMI uses economic value added (Do not round your intermediate computations and round your final answers to one decimal place.)