2. Recalculate ROI and residual income for each division for each independent situation that follows (Enter your ROI as 12.34%) swers as a percentage rounded to two decimal places, le 0.1234 should be entered 3. Operating income increases by percent b. Operating income decreases by 1 percent Residual income Los c. The company invests $251,000 in each division, an amount that generates $105,000 additional income per division River Division Stream Residual Income (Loss) d. Coolbrook changes its hurdle rate to 4.51 percent. River Division Stream Division Residual Income (Loss) Coolbrook Company has the following information available for the past year: Sales revenue Cost of goods sold and operating expenses Net operating income Average invested assets River Division $ 1,203,000 890,000 313,000 $ 1,080,000 Stream Division $ 1,809,000 1,282,000 $ 527,000 $1,430,000 The company's hurdle rate is 6.51 percent. Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. (Enter your RO 12.34%.)) River Division Stream Division ROI Residual Income (Loss)