Ch$.5-$ Performance Evaluation $(6$ pts$.)$ Franklin Bikes has two divisions$-$Road Bikes and Mountain Bikes. Assume the Road Bikes division had average operating assets of $$4,500,000,$ and the Mountain Bikes division had average operating assets of $$800,000.$ The company's cost of capital rate is $8$ percent.

$\backslash$table$[[\backslash$table$[[$Franklin Bikes$],[$Segmented Income Statements$],[$for the Current Fiscal Year Ended December $31],[($dollar amounts are in thousands$)]]],[,\backslash$table$[[$Road Bikes$],[$Division$]],\backslash$table$[[$Mountain Bikes$],[$Division$]]],[\backslash$table$[[$Sales$],[$Cost of goods sold$],[$Gross margin$],[$Allocated overhead$],[$Selling and administrative expenses$],[$Operating income$],[$Income tax expense $(30\%$ rate$)],[$Net income$]],,\backslash$table$[[$$$500,000$