Compute residual income for each division.

Required information [The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. (Smillions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,600 2,500 2,686 354 Cheese Division $4,900 4,800 3,930 639 Assume that each of the company's divisions has a required rate of return of 6.00%. Com your answers in millions.) ($ millions) Beverage Cheese Targeted return Target income Residual Income Beverage Cheese Residual income