PLEASE SOLVE FOR (B)

It is the end of the thied quarter, and Michelle is evaluating the performance of two key divisionsin the company. Both divisions had $50,000 cash avaliable for investment in the fourth quater, so Michellels now anslyzing cach division before a potential investment She has gathered the following condensed incomestatements 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 7%. Its effective tax rate is 25% Calculate the current ROL, 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, eg. 01526 . Enter negotive amounts with either a-signeg 15,000 or in parenthesis eg. (15,000)J How much would each division need to generate in new operating income in the fourth quarter to reach the company's desired ROl of 13% at vear-end. assuming each division uses its available $50,000 to purchase a new investment? Assume it is a $50,000 nondepreciable asset but still included in operating assets