The Plastics Dlvislon of Minock Manufacturing currently earns $$3\mathrm{.}22$ millilon and has divislonal assets of $$23$ million. The division manager is considering the acqulsition of a new asset that will add to profit. The Investment has a cost $$5,454,000$ and will have a yearly cash flow of $$1,455,500.$ The asset will be depreclated using the stralght$=$llne method over a five$-$year llfe and is expected to have no salvage value. Divisional performance is measured using ROI with beginning$-$of$-$year net book values in the denominator. The company's cost of capltal is $7$ percent. Ignore taxes.

Required:

a$.$ What is the divislonal 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 $($l$.$e$.,32\mathrm{.}1).$

Answer is complete but not

$\backslash$table$[[$a$.$ ROI before acquisition,$14\mathrm{.}0,\%$