Coolbrook Company has the following information available for the past year: Stream River Division Division $ 1,202,000 891,000 $ 1,815,000 1,288,000 Sales revenue Cost of goods sold and operating expenses 311,000 527,000 Net operating income $ 1,540,000 $1,110,000 Average invested assets The company's hurdle rate is 7.51 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 Stream Division Division ROI Residual Income (Loss) 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.., 0.1234 should be entered as 12.34%.)) a. Operating income increases by 9 percent. Stream Division River Division ROI Residual Income (Loss) b. Operating income decreases by 8 percent. River Stream Division Division ROI Residual Income (Loss) 96 96 c. The company invests $241,000 in each division, an amount that generates $115,000 additional income per division River Stream Division Division ROI Residual Income (Loss) d. Coolbrook changes its hurdle rate to 5.51 percent. River Division Stream Division ROI Residual Income (Loss) 926