In 2020, Presser found an investment opportunity having an estimated ROI of 18%. After analyzing the opportunity, Presser decided not to proceed with the investment as overall ROI would decrease. Their 2020 income statement is provided: Presser Division Income Statement Year Ended June 30, 2020 48,000,000 31,600,000 16,400,000 Sales revenue Cost of goods sold Gross margin Operating expenses Administrative Selling Income from operations 4,280,000 7,200,000 11,480,000 4,920,000 The division has operating assets of $25.2 million at the end of 2020, which was a a5% increase over 2019 year end balance. 3 a. Calculate the performance measures for 2020 Presser division, ROI and residual income