please show work

Navarre Energy Research specializes in developing and commercializing new products. It is organized into two divisions, which are jased on the products they produce, Canal Division is smatler, and the lives of the products if produces tend to be shorter than thoseproduced by the larger Lake Division. Selected financial data for the past year are shown in the following table. Divisional investment is as of the beginning of the year. Navarre uses an 8 percent cost of capltal and beginning-of-the-year investment when computing ROI and residual income. Ignore income taxes. R\&D is assumed to have a three year life in Canal Division and an eight-year life in Lake Division. All R\&D expenditures are spent at the begirning of the yeat. Assume there are no current llabilities and (untealistically) that no R\&D irvestments had taken place before this year. Required: o. Compute EVA for the two divisions Note: Do not round intermediote calculations. Round your final answers to nearest whole dollor amount. Enter your answers in thousands of doliars