*Please explain as detailed as possible and every step*

Hendry Corporation uses both ROI and residual income (RI) to measure performance. One of the company's divisions currently has $1.9 million of capital invested in assets and is expected to earn operating income of $285,000 in the current period. The division is considering an investment in new equipment costing $2.1 million that will likely increase its annual operating income by $195,000. The minimum ROI for all divisions within the company is 7%. 1. If the division does not purchase the equipment, its estimated ROI will be 56. 2. If the division 1%. 3. If the invests in the equipment, its ROI will likely decrease to 4. If division does not purchase the equipment, its estimateatri will be s the division invests in the equipment, its Ri will likely thcrease to s