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The Western Division of Claremont Company had net operating income of $ 1 4 8 , 0 0 0 and average invested assets of $

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The Western Division of Claremont Company had net operating income of $148,000 and average invested assets of $564,000. Claremont has a required rate of return of 12.25 percent. Western has an opportunity to increase operating income by $45,000 with a $97,000 investment in assets.
Compute Western Division's return on investment and residual income currently and if it undertakes the project.
Note: Enter your ROI answers as a percentage rounded to two decimal places, (i.e.,0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answers to the nearest whole dollar.
\table[[,Current,Proposed Project],[Return on Investment (ROI),,%,,%
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