Saved [The following information applies to the questions displayed below.)] Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses $1,400,000 510,000 890,000 610,000 $ 280,000 Average operating assets $ 875,000 Net operating income At the beginning of this year, the company has a $175,000 investment opportunity with the following cost and revenue characteristics: Sales $ 280,000 Contribution margin ratio 50% of sales $ 98,000 Fixed expenses The company's minimum required rate of return is 15%. 9. If the company pursues the investment opportunity and otherwise performs the same as last year, what ROI will it earn this year? (Do not round intermediate calculations. Round your percentage answer to 1 decimal place (i.e., 0.1234 should be considered as 12.3).) ROI %