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. East West $1,000 $5,000 Sales revenue 200 390 Income Investment (beginning of year) Current liabilities (beginning of year) 2,000 3,000 200 200 500 400 R&D expendituresa aR&D is assumed to benefit two periods. All R&D is spent at the beginning of the year. Yeah, b turned Required: a-1. Evaluate the performance of the two divisions assuming BMI uses economic value added (EVA). (Enter answers in thousan dollars. Round your answers to 1 decimal place.) Divisions EVA East West