Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6.51 percent. Selected operating data for the three divisions follow: Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak View Grand $ 340,000 $ 235,000 $ 310,000 206,000 122,000 187,000 41,000 1,370,000 38,000 900,000 31,000 1,185,000 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, (i.e., 0.1234 should be entered as 12.34%.)) Return on Investment Peak View Grand % % % < Required 1 Required 2 >