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Back Mountain Industries (BMI) has two divisions: East and West. BMI has a cost of capital of 25 percent. Selected financial information (in thousands of dollars) for the first year of business follows. East West Sales revenue $3,800 $7,800 Income 690 810 Investment (beginning of year) 1,700 2,800 340 340 Current liabilities (beginning of year) R&D expenditures 1,200 1,100 "R&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Required: a-1. Evaluate the performance of the two divisions assuming BMI uses economic value added. (Enter answers in thousands of dollars. Round your answers to 1 decimal place.) Divisions EVA East West a-2. Which division had the better performance? East O West