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Newtech Motor Company makes electric cars and has only two products, the Simplegreen and the Superiorgreen. To produce the Simplegreen, Newtech Motor employed assets of $16,000,000 at the beginning of the period, and $16,500,000 of assets at the end of the period. Other costs to manufacture the Simplegreen include: (Click the icon to view the data.) General administration and selling costs total $3,618,000 for the period. In the current period, Newtech Motor produced 12,000 Simplegreen cars using 6,300 setup-hours and 167,000 machine-hours. Newtech Motor sold these cars for $16,000 each. The company bases its ROI on average invested capital. Requirement 1. Assuming that Newtech Motor defines investment as average assets during the period, what is the return on investment (ROI) for the Simplegreen division? (Enter the ROI as a percent rounded to one decimal place in the format X.X%.) Data table Required 1. Assuming that Newtech Motor defines investment as average assets during the period, what is the return on investment (ROI) for the Simplegreen division? 2. Calculate the residual income (RI) for the Simplegreen division if Newtech Motor has a required rate of return of 14% on investments