Wescott Company has three divisions: A, B, and C. The company has a hurdle rate of 8 percent. Selected operating data for the three divisions are as follows: Division A Division B Division C Sales revenue $ 1,300,000 $ 1,091,000 $ 1,096,000 Cost of goods sold 803,000 801,000 796,000 Miscellaneous operating expenses 73,000 61,000 62,000 Interest and taxes 57,000 50,000 50,000 Average invested assets 9,857,000 2,353,000 3,870,000 Wescott is considering an expansion project in the upcoming year that will cost $5.9 million and return $543,000 per year. The project would be implemented by only one of the three divisions. Required: 1. Compute the ROI for each division. (Do not round your intermediate calculations. Round your percentages to 2 decimal places.) 2. Compute the residual income for each division. (Loss amounts should be indicated by a minus sign.) 3. Rank the divisions according to the ROI and residual income of each. 4-a. Compute the return on the proposed expansion project. (Round your percentages to 2 decimal places.) 4-b. Is this an acceptable project? Yes No 5. Without any additional calculations, state whether the proposed project would increase or decrease each divisions ROI and state whether the division manager would accept or reject the proposed project. 6. Compute the new ROI and residual income for each division if the project was implemented within that division. (Loss amounts should be indicated by a minus sign. Do not round your intermediate calculations. Round your percentages to 2 decimal places.)