these two questions are related togater ,can yoy please solve it .

Mo $ 400, 220,000 1,500 $180,000 Toronto mber 31, 2019 $ 600,000 140,000 390,000 12,000 *210,000 10,000 00 400 Distinctive Tours Income Statement For the year ended December 31, 2019 Toronto Montreal Projected Sales $ 600,000 $ 400,000 Vancouver Cost of sales 390,000 220,000 $400,000 Gross Profit $210,000 $180,000 220,000 $180,000 Salaries 160,000 140,000 Insurance 12,000 100,000 12,000 Advertising 10,000 10,000 Depreciation 10,000 2,500 1,500 2,000 Rent 48,000 32,000 Office expenses 25,000 1,500 1,000 1,500 $234,000 $196,500 -$24,000 -$16,500 Average number of tour guests 600 800 400 Investment $300,000 $200,000 $200,000 Cost of sales - wages for tour companions and cost of activities Salaries - location director plus 50% allocation of Sally's $120,000 salary. Insurance - company policy covering personal liability for guests, split equally Advertising - local advertising media Depreciation - on location office furniture plus 50% allocation of head office $1,000 Rent - paid at individual locations plus allocation of head office $20,000 rent based on sales Ofice expenses - telephone, computer, supplies at location officeshas been steadily is designs and groups. frector Distinctive Tours Over the past 5 years, Valerie Valentine, founder of Distinctive Tours, has been steadily expanding operations in 2 cities - Toronto and Montreal. Distinctive Tours designs and provides individualized tour experiences for individuals, families and small groups. Currently, Valerie employs a director to oversee operations in each city. The director is responsible for tour design, booking activities and hiring tour companions to lead the tours. Valerie has gathered the attached information on the current operations. Valerie is aware of the overall loss, but understands that it can take many years before a business becomes profitable. As part of her strategy to realize a profit, Valerie intends to expand into Vancouver. She plans to offer the position to one of the current directors. However, she is unsure which of the directors to select. The directors' employment contracts specify the use of ROI as one of the indicators of performance. The directors are very competitive and closely monitor their ROI. Valerie has also prepared financial projections for the new location. She estimates the required investment for the new operation will be $200,000. She expects the only cost that will increase as a result of the new location is insurance, which is expected to rise to $40,000 due to the increased number of tour guests and added liability for activities. Valerie has set a target 15% return on investment. Part I - Prepare revised financial information to assist Valerie in comparing the financial performance of the two existing locations and decide which director will be offered the Vancouver opportunity. Part II -Should Valerie invest in the Vancouver location? Will the director accept the offer to relocate