Required information [The following information applies to the questions displayed below.] Megamart provides the following information on its two investment centers. Sales Investment Center Electronics Sporting goods $ 63,460,000 19,050,000 Income $ 3,173,000 2,286,000 Average Assets $ 16,700,000 12,700,000 1. Compute return on investment for each center. Using return on investment, which center is most efficient at income? 2. Assume a target income of 12% of average assets. Compute residual income for each center. Which center c residual income? 3. Assume the Electronics center is presented with a new investment opportunity that will yield a 14% return on new investment opportunity be accepted? The target return is 12%. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume a target income of 12% of average assets. Compute residual income for each center. Which center generated ta most residual income? Investment Center Electronics Sporting Goods $ 3,173,000 $ 2,286,000 Income Less target income Residual income Which center generated the most residual income? < Required 1 Required 3>