The Plastics Division of Minock Manufacturing currently earns $3.22 million and has divisional assets of $23 million. The divis manager is considering the acquisition of a new asset that will add to profit. The investment has a cost of $5,454,000 and will yearly cash flow of $1,455,500. The asset will be depreciated using the straight-line method over a five-year life and is expect have no salvage value. Divisional performance is measured using ROI with beginning-of-year net book values in the denomin company's cost of capital is 7 percent. Ignore taxes. Required: a. What is the divisional ROI before acquisition of the new asset? b. What is the divisional ROI in the first year after acquisition of the new asset? Note: For all requirements, enter your answers as a percentage rounded to 1 decimal place (i.e., 32.1). a. ROI before acquisition b. ROI after acquisition % %