Jasper Corporation is organized in three separate divisions. The three divisional managers are evaluated at year-end, and bonuses are awarded based on ROI. Last year, the overall company produced a 12% return on its investment.

Managers of Jasper's Iowa Division recently studied an investment opportunity that would assist in the division's future growth. Relevant data follow.

	Iowa Division		New Investment Opportunity
Income	$12,800,000			$ 2,100,000
Invested capital	80,000,000			15,000,000

What is the the current ROI of the Iowa Division and the division's ROI if the investment opportunity is pursued ?

Also needed:

Assume that Jasper uses residual income to evaluate performance and desires an 11% minimum return on invested capital. What is the current residual income of the Iowa Division and the division's residual income if the investment is made?

Extra points added because there's two questions- please give detail. Thanks!