Houghton Chemicals, which started operations one year ago, has two divisions: Alloys and Petro. Both divisions invest heavily in R& which is assumed to generate benefits for five years. R&D spending is made uniformly throughout the year. Houghton Chemicals ha cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows: Sales revenue Divisional income. Divisional investment Current liabilities R&D EVA of Alloys division EVA of Petro division Which Alloys $ 7,400 777 5,550 160 200 Required: Evaluate the performance of the two divisions assuming Houghton Chemicals uses economic value added (EVA). Note: Enter your answers in thousands of dollars rounded to 1 decimal place. Petro $5,500 formod hotter? 945 7,000 200 300 X Answer is complete but not entirely correct. $ 166.5 X $ 175.0 X The Rot division performed bottor