1 Exercise 14-22 (Algo) Compute Divisional Income (LO 14-1) 2 points Arlington Clothing, Inc., shows the following Information for its two divisions for year 1. Sales revenue Cost of sales Allocated corporate overhead Other general and administration Lake Region $4,200,000 2,711,300 252,000 557,900 Coastal Region $13,110,000 6,555,000 786,600 3,759,000 eBook Print Required: a. Compute divisional operating income for the two divisions. Ignore taxes. b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed? References Complete this question by entering your answers in the tabs below. Reg A Reg B1 Reg B2 Compute divisional operating income for the two divisions. Ignore taxes. (Enter your answers in thousands of dollars rounded to 1 decimal place.) Lake Region Coastal Region Operating income Red Req B1 >