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: $ $ $ Sales revenue Cost of goods sold Miscellaneous operating expenses Interest and taxes Average invested assets Division A 1,220,000 754,000 81,000 65,000 11,241,000 Division B 1,243,000 913,000 69,000 58,000 2,729,000 Division C 1,272,000 924,000 70,000 58,000 4,486,000 Wescott is considering an expansion project in the upcoming year that will cost $7 million and return $631,000 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 percentage answer to 2 decimal places, (i.e. 0.1234 should be entered as 12.34%.)) ROL Division A Division B Division C 2. Compute the residual income for each division. (Loss amounts should be indicated by a minus sign.) Residual income (Loss) Division A Division B Division C 3. Rank the divisions according to the ROI and residual income of each. Rank Division A Division B Division C 4-a. Compute the return on investment on the proposed expansion project. (Round your percentage answer to 2 decimal places, (i.e. 0.1234 should be entered as 12.34%.)) Return on Investment of Proposed Expansion Project % 4-b. Is this an acceptable project? Yes O No 5. Without any additional calculations, state whether the proposed project would increase or decrease each division's ROI. Division A Division B Division C 6. Compute the new ROI and residual income for each division if the project was implemented within that division. (Loss amounts should be entered with a minus sign. Enter your ROI percentage answers to 2 decimal places, (i.e., 0.1234 should be entered as 12.34%.)) ROL Residual Income (Loss) % Division A Division B Division C %