It is the end of the third quarter, and Sarah is evaluating the performance of two key divisions in the company. Both divisions had $54,000 cash available for investment in the fourth quarter, so Sarah is now analyzing each division before a potential investment. She has gathered the following condensed income statements and selected information from the balance sheet for each division. The company's minimum required rate of return is 10%, while its weighted average cost of capital is 9%. Its effective tax rate is 25% East West Sales $860,000 $1,300,000 COGS 400,000 670,000 Gross margin $460,000 $630,000 Operating expenses 424,000 594,000 Operating income $36,000 $36,000 Operating assets $800,000 $500,000 Total assets $1,200,000 $870,000 Current liabilities $160,000 $48,000 Calculate the current ROI, RI, and EVA for each division through the third quarter. For ROI purposes, operating assets are considered investments. (Enter ROI as a decimal, not as a percentage. Round ROI to 4 decimal places, e.g. 0.1526. Enter negative amounts with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) ROI East 0.0450 West 0.0720 RI $ (44,000) $ (14,000) EVA +A $ (66,600) +A $ (46,980) How much would each division need to generate in new operating income in the fourth quarter to reach the company's desired ROI of 13% at year-end, assuming each division uses its available $54,000 to purchase a new investment? Assume it is a $54,000 nondepreciable asset but still included in operating assets. Fourth quarter operating income needed $ East West 75020 $