The Singer Division of Patio Enterprises currently earns $2.53 million and has divisional assets of $22.0 million. The division manager is considering the acquisition of a new asset that will add to profit. The investment has a cost of $3,489,000 and will have a yearly cash flow of $868,500. The asset will be depreciated using the straight-line method over a six-year life and is expected to have no salvage value. Divisional performance is measured using ROl with beginning-of-year net book values in the denominator. The company's cost of capital is 19 percent. Ignore taxes. Required: a. What is the divisional ROl before acquisition of the new asset? (Enter your answer as a percentage rounded to 1 decimal place (i.e., 32.1).) ROl before acquisition b. What is the divisional ROl in the first year after acquisition of the new asset? (Enter your answer as a percentage rounded to 1 decimal place (i.e., 32.1).) ROl after acquisition