Details The income statement comparison for Forklift Material Handling shows the income statement for the current and prior year. FORKLIFT MATERIAL HANDLING Income Statement Comparison Current Year Prior Year (Amounts in thousands)Sales$33,750$24,750Cost of goods sold21,93816,830Gross profit$11,812$7,920Wages$8,775$6,188Utilities675250Repairs169325Selling506200Total expenses$10,125$6,963Operating income??Operating income %??Total assets (investment base)$4,500$1,500Return on investment??Residual income (8% cost of capital)?? Determine the operating income (loss) (dollars) for each year. Determine the operating income (percentage) for each year. The company made a strategic decision to invest in additional assets in the current year. These amounts are provided. Using the total assets amounts as the investment base, calculate the return on investment. Was the decision to invest additional assets in the company successful? Explain. Assuming an 8% cost of capital, calculate the residual income for each year. Explain how this compares to your findings in the previous