pters 9-12 Take Home Problems ne SAY. Write your answer in the space provided or on a separate sheet of paper. 1) An investment center of Lannigan Company reported operating income of $330,000 on total operating assets of $2,600,000 during the current year. The company has established a target ROI of 13% for the investment center. Last year, the investment center's ROI was 12.2%. Required: Calculate the return on investment for the investment center for the current year. Compare its performance with both the performance from the previous year and the target ROL l cost 2) In Year 1, Chandler Company purchased equipment with an expected useful life of 5 years. The init a the equipment was $85,000. Chandler's cost of capital is 12%. At the time it purchased the equipment Chandler projected the following cash inflows from use of the equipment: Year 2 4 Projected Cash Inflow $ 20,000 $ 30,000 35,000 S 25,000