The Ste. Marie Division of Pacific Media Corporation just started operations. It purchased deprciable assets costing $54 million and having a four-year expected life, after which the assets can be salvaged for $10.8 million. In addition, the division has $54 million in assets that are not depreciable. After four years, the division will have $54 million available from these nondepreciable assets. This means that the division has invested $108 million in assets with a salvage value of $64.8 million. Annual depreciation is $10.8 million. Annual operating cash flows are $23 million. Depreciation is computed on a straight-line basis, recognizing the salvage values noted. Ignore taxes. Assume that the division uses beginning-of-year asset values in the denominator for computing ROI.1

Required: Compute ROI using Net Book Value and Gross Book Value: Net Book Value Gross Book Value

Year 1 ______% ______%

Year 2 ______% ______%

Year 3 ______% ______%

Year 4 _______% ______%

Please show me how to compute this.......thanks