Exercise 14-30 (Static) 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 15 percent. Selected financial information (in thousands of dollars) for the first year of business follows. "R\&D is assumed to benefit two periods. All R\&D is spent at the beginning of the yeat: Required: 0-1. Evaluate the performance of the two divisions assuming BMI uses economic value added (EVA). (Enter answers in thousands of dollars. Round your answers to 1 decimal place.) 0.2. Which division had the better performance? East West