Problem 10-112 (Algo) [LO 10-4, 10-5] Ontario Company has two divisions with the following results: Sales revenue Divisional expenses Segment income Average invested assets Jackson $300,000 180,000 $120,000 $810,000 Canal $ 600,000 300,000 $ 300,000 $2,100,000 Ontario Company has a hurdle rate of 7%. a. Calculate the return on investment for each division. (Round your answers to 2 decimal place.) Return on Investment 14.81% Jackson Canal 14.29% b. Calculate the residual income for each division. Residual Income I Jackson Canal