T123-3 (similar to) Boma Products, which exports processed palm oil, operates in a variety of West African countries. The following information relat (Click the icon to view the information.) (Click the icon to see the useful life of the plants and the index of construct Read the requirements. Data Table 1 i Construction inde Over the 10-year period Nigeria is as follows (20 Sales revenues Plant depreciation Other operating costs Operating income 1,420,000 290,000 730,000 400,000 0 Requirements The division has current assets of $350,000 and one long-term asset (the plant) with a book value of $2,610,000. The plant is 3 years old at the end of 2017 and has an estimated useful life of 12 years. The straight-line method is used for depreciation and no salvage value is assumed. Print Done a. What is the ROI fo b. What is the ROI fo depreciation exper 1 of 5 (4 complete) tries. The following information relates to its Nigerian division for 2017: the plants and the index of construction costs.) * Construction index Over the 10-year period Boma has been operating, the index of construction costs in Nigeria is as follows (2007 year-end = 100): 2007 2014 2017 100 144 185 i Requirements a. What is the ROI for the Nigerian division using historical-cost measures? b. What is the ROI for the Nigerian division using current-cost estimates for depreciation expense and long-term assets? Requirement b. What is the ROI for the Nigerian division using current-cost estimates for depreciation expense and long-term assets? (Round your final answer to assets; HC historical cost; CC current cost; con construction; yr year, est estimated; rem remaining.) Step 1: Restate long-term assets from gross book value at historical cost to gross book value at current cost as of the end of 2017: Gross book value of long-term assets at current cost Gross BV of LTA at HC Con cost index in yr of con = Con cost index in 2017 185 * Choose from any list or enter any number in the input fields and then click Check Answer. Question Help information relates to its Nigerian division for 2017: index of construction costs.) ercentage rounded to two decimal places, le XX.XX%) and long-term assets? (Round your final answer to the nearest whole dollar. Abbreviations used: BV - book value; LTA = long-term of the end of 2017: ross book value long-term assets at current cost