The contribution format income statement for Huerra Company for last year is given below: Total Unit Sales $ 1,006,000 $ 50.30 Variable expenses 603,600 30.18 Contribution margin 402,400 20.12 Fixed expenses 320,400 16.02 Net operating income 82,000 4.10 Income taxes @ 40% 32,800 1.64 Net income $ 49,200 $ 2.46 The company had average operating assets of $501,000 during the year. Required: 1. Compute the companys return on investment (ROI) for the period using the ROI formula stated in terms of margin and turnover. (Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) For each of the following questions, indicate whether the margin and turnover will increase, decrease, or remain unchanged as a result of the events described, and then compute the new ROI figure. Consider each question separately, starting in each case from the data used to compute the original ROI in (1) above. 2. Using Lean Production, the company is able to reduce the average level of inventory by $98,000. (The released funds are used to pay off short-term creditors.) (Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) 3. The company achieves a cost savings of $10,000 per year by using less costly materials. (Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) 4. The company issues bonds and uses the proceeds to purchase $127,000 in machinery and equipment at the beginning of the period. Interest on the bonds is $19,000 per year. Sales remain unchanged. The new, more efficient equipment reduces production costs by $3,000 per year. (Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).)