The income statement for Huerta Company for last year is provided below. STE 228.00 Salus Less: Variable expenses Contribution in Less Fixed expense Net operating Income Lesst Income taxes 30% Net income 111,400,000 2,980,000 3,420,000 1,710.10 1,710,000 511, one $ 1,197.000 68.40 34. 20 14.20 10.26 $21. The company had average operating assets of $6,000,000 during the year Required: Cut the 2. Consider each of the following questions separately and then compute the new rol figure Indicate whether the rol will increme. decrease or remain unchanged as a result of the events described a. By using JIT, the company is able to reduce the average level of inventory by $600,000. (The released funds are used to pay of short-term creditors.) (Round intermedinte calculation to 2 decimal places Enter your percentage answer rounded to 2 decim places (e. 0.1234 should be entered as 1234).) * M50 b. The company achieves a savings of $11 per unit by using cheaper materials. (Round intermediate and final answer to 2 decimal places.) ROL increase