Brian Lee, founded by a former vice-president of Carla Vista Industries, has been manufacturing prefabricated houses for the past five years. To compete with Carla Vista, Brian also expanded into the precut housing market by acquiring one of its suppliers, Presser Company. After designating Presser as an investment centre, Brian next decided to use the ROI as a performance measure and to give managers bonuses that are partly based on the ROI. Brian defines investments as average productive assets and expects a minimum return of 13% before income taxes. Presser's ROI has averaged 17.5% since it was acquired. In 2022, Presser found an investment opportunity that would have an estimated ROl of 16%. After analyzing the opportunity, Presser's management finally decided not to make the investment because management did not want the division's overall ROI to decrease. The 2022 income statement for Presser follows. The division had operating assets of $27.30 million at the end of 2022 , which was a 5% increase over the 2021 year-end balance. (a) Calculate the following performance measures for 2022 for the Presser division