East Division of Swifty Anchors provided the following information:

Contribution margin $$820,000$

Controllable margin $$294,750$

Average operating assets $$2,250,000$

Minimum rate of return

$7\%$

Compute the return on investment and the residual income. $($Round return on investment answer to two decimal places $($e$.$g$.,15\mathrm{.}25\%).)$