Orange Corp has two divisions: Fruit and Flower The following information for the past year is available for each division: Fruit Division Flower Division $1,380,000 2,070.000 Sales revenue Cost of goods sold and operating expenses 1.552.500 345,000 517.500 $2.875,000 2,070,000 1,035,000 Net operating income Average invested assets Orange has established a hurdle rate of 8 percent. Required: 1-a. Compute each division's return on investment (ROI) and residual income for last year (Round your "ROl" answers to 2 decimal places. Do not round your intermediate calculations.) Fruit DivisionFlower Division ROI Residual Income 1-b. Determine which manager seems to be performing better Flower Division ) Fruit Division 2. Suppose Orange is investing in new technology that will increase each division's operating income by $144.000. The total investment required is $2, 200.000, which will be split evenly between the two divisions. Calculate the ROl and return on investment for each division after the investment is made I places. Do not round your intermediate calculations.) Fruit Division Flower Division ROI Residual Income