Kenmore Corporation is a manufacturer of washing machines. The company evaluates its managers, in part, on the change in return on invested assets for their division. Budgeted operating results for the Ultra Large Capacity Division for the upcoming year are as follows: Sales $5,000,000 Less variable costs 2.500,000 Contribution margin $2,500,000 Less fixed expenses 1,800,000 Net operating income $700.000 Total assets for the division are currently $3,600,000. For next year the division can add a new line of chairs for an investment of $600,000. The new product line will generate sales of $1,600,000 and will incur fixed expenses of $600,000 annually. Variable costs of the new product will average 60 percent of selling price. Required: Write nearly and show all of your work. a) Based on the information given above, will the manager of the Ultra Large Capacity Division accept the new product line? Support your decision with detailed calculations. [4 marks] b) If the company's required rate of return is 6 percent, and residual income is used to evaluate managers, would the manager of the Ultra Large Capacity Division accept the new product line? Support your decision with detailed calculations. [3 marks] c) Suppose that the company wanted to motivate its managers by using a balanced scorecard. Suggest one measure for each category of a balanced scorecard and indicate how the measures you suggest are linked to one another. [4 marks]