! Required information [The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year, $ millions) Invested assets, beginning Invented assets, ending Sales Operating income Beverage Division $2.662 2,593 2,681 349 Cheese Division $4,455 4,400 3,925 634 Assume that each of the company's divisions has a required rate of return of 7%. Compute residual income for each division (Enter your answers in millions.) (5 millions) Average assets Targeted return Target income Residual Income Beverago 2.662 $ 2,593% $ Beverago Cheese 4,455 2,593% 115,518 Cheese Residual income