see the numbers before he made a move. His division's ROI has led the company for three years, and he doesn't want any letdown. Bilti Products is a decentralized wholesaler with four autonomous divisions. The divisions are evaluated on the basis of ROI, with yeat end bonuses given to divisional managers who have the highest ROI. Operating results for the company's East Division for last year are given below: The company had an overall ROI of 19% last year (considering all divisions). The new product line that headquarters wants Grenier's East Division to add would require an investment of $4,400,000. The cost and revenue characteristics of the new product line per yeal would be as follows: The company had an overail ROI of 19% last year (considering all divisions). The new product line that headquarters wants Grenier's East Division to add would require an investment of $4,400,000. The cost and revenue characteristics of the new product line per year would be as follows: Required: 4. Suppose that the company's minimum required rate of return on operating assets is 16% and that performance is evaluated using residual income. a. Compute East Division's residual income for last year, also compute the residual income as it would appear if the new product line were added. Answer is complete but not ent frely correct