Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6.76 percent. Selected operating data for the three divisions follow: Peak View Grand Sales revenue $ 325,000 $ 230,000 $ 304,000 Cost of goods sold 198,000 109,000 189,000 Miscellaneous operating expenses 35,000 33,000 39,000 Average invested assets 1,360,000 910,000 1,085,000 Required: Compute the return on investment for each division. Compute the residual income for each division