The contrlbution formst income statement for Huerra Compsny for lsst yesr is glven be ow: The compony had sversge operating ssiets of $506,000 during the yesr. Required: 1. Compute the compony's mangin, turnover, snd retum an investment (RO) for the period. For esch of the following question, indicste whether the margin and turnover will incresse, decresse, or remoin unchinged os a result af the events described, snd then compute the new ROI figure. Consider eoch queston seperately, starting in each csse from the dots used to compute the origing) ROI in (T) sbove 2 Using Lesn Productan, the compeny li oble to reduce the sversge level of inventory by $100,000. 3. The compony achieves s coatsevings of $13,000 per year by using less costly materisls. 4. The compony purchsses mochinery end equlpment thst incresses sverege opersting essets by $122,000. Ssles remsin unchanged. The new, more eficicient equlpment reduces production coats by $7,000 peryear 5. As a result of a mare littense effort by ssies people, sales sre increased by 15%; operating sasess remain unchanged. 6. At the beginning of the yesr, obsolete lnventory cerried an the books at a cost of 519,000ls scrapped snd written off es a lass, thereby lowering net opereting income. 7. At the beginning of the yesr, the compony uses $176,000 of cash (recelved on sccounts recelvsble) to repurchase some of its common stock. Complete this question by entering your answers in the tabs below. At the beginning af the year, the company uses $176,000 of cach (received an accounts receivabie) to repurdhase some of its common stadk. (RRound your intermediste calalstians and final answer to 2 dedmsl places.)