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 $ 1,217,000 884,000 $ 333,000 $ 1,180,000 Stream Division 1,800,000 1,282,000 526,000 1,460,000 $ $ The company's hurdle rate is 7.26 percent. Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.)) River Division 28.22 % ROI Stream Division 36.03 % $420,004 Residual Income (Loss) $247,332 2. Recalculate ROI and residual income for each division for each independent situation that follows: (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.)) a. Operating income increases by 8 percent. River Division Stream Division ROI Residual Income (Loss) b. Operating income decreases by 9 percent. River Division Stream Division ROI Residual Income (Loss) c. The company invests $244,000 in each division, an amount that generates $115,000 additional income per division. River Division Stream Division ROI Residual Income (Loss) d. Coolbrook changes its hurdle rate to 5.26 percent. Stream Division River Division % ROI Residual Income (Loss)