Luke Company has three divisions: Peak View, and Grand. The company has a hurdle rate of 576 percent. Selected operating data for the three divisions follow: $ Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak View Grand 344,000 $234,000 $ 312,000 203,000 184,000 189,000 42,000 37,000 31,000 1,300,000 870,000 1,075,000 Required: 1. Compute the return on investment for each division 2. Compute the residual income for each division Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the return on investment for each division (Enter your ROI answers as a percentage rounded to two decimal places, (1.e., 0.1234 should be entered as 12.34%.)) Peak View Grand Return on Investment % 96 Compute the residual income for each division (Loss amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to nearest whole dollar) Peak View Grand Residual Income (Loss)