Exercise 14-30 (Algo) Comparing Business Units Using Economic Value Added (EVA) (LO 14-4) Back Mountain Industries (BMI) has two divisions: East and West, BMI has a cost of capital of 25 percent. Selected financial information (in thousands of dollars) for the first year of business follows. East $2,600 $6.600 Sales revenue Income Investment (beginning of year) Current liabilities (beginning of year) RAD expenditures "R&D is assumed to benefit two periods. All R&D is spent at the beginning of the year Required: 0-1. Evaluate the performance of the two divisions assuming BMI uses economic value added. (Enter answers in thousands of dollars. Round your answers to 1 decimal place.) EVA Answer is complete but not entirely correct. Divisions East 488.0 West S 105.0