company's Springeld Club reported the following results for the past year: Sales $ 1,400,000 Net operating income $70,000 Average operating assets $350,000 Required: The following questions are to be considered independently. Carry out all computations to two decimal places. 1. Compute the Springeld club's return on investment (ROI). 2. Assume that the manager of the club is able to increase sales by $70,000 and that, as a result, net operating income increases by $18,200. Further assume that this is possible without any increase in average operating assets. What would be the club's return on investment (ROI)? 3. Assume that the manager of the club is able to reduce expenses by $ 14,000 without any change in sales or average operating assets. What would be the club's return on investment (ROI)? mm W W m investment (ROI)