The Singer Division of Patio Enterprises currently earns $2.76 million and has divisional assets of $23.0 million. The division manager is considering the acquisition of a new asset that will add to profit. The investment has a cost of $3,495,000 and will have a yearly cash flow of $870,000. The asset will value. Divisional performance is measured using ROI with beginning-of-year net book values in the denominator. The company's cost of capital is 20 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