Arlington Clothing, Inc., shows the following information for its two divisions for year 1 Lake Region $4,080,000 2,616,300 244,800 538,900 Coastal Region Sales revenue Cost of sales Allocated corporate overhead Other general and administration $12,920,000 6,460,000 775,200 3,740,000 The results for year 2 have just been posted Lake Region Coastal Region $9,520,000 4,760,000 Sales revenue Cost of sales Allocated corporate overhead Other general and administration 4,080,000 2,616,300 306,000 538,900 714,000 3,740,000 Required a. Compute divisional operating income for the two divisions. (Enter your answers in thousands of dollars rounded to 1 decimal place.) Lake Region Coastal Region Operating income b-1. What are the gross margin and operating margin percentages for both divisions? (Enter your answers as a percentage rounded to 2 decimal places (i.e., 3212). Lake Region Coastal Region Gross margin nta Operating margin