7. COMPUTE ROI AND RESIDUAL INCOME FROM THE FOLLOWING INFORM NET INCOME $ 835,000 INVESTMENT $ 8,350,000 REQUIRED TARGET RETURN 6% ? RESIDUAL INCOME ROI? 8. Briggs Co. allocates rent based on square feet utilized by department Rent for the company is $ 560,000 per year. square feet utilized men's clothing women's clothing sporting goods total 9,000 sq ft. 15,000 sq. ft. 6,000 sq.ft 30,000 sq ft allocation to: men's clothing women's clothing sporting goods