! Required information Use the following information for the Exercises below. [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 Invested assets, ending Sales Operating income Beverage Division $2,696 2,610 2,698 366 Cheese Division $4,489 4,417 3,942 651 rev: 11_25_2020_QC_CS-242542 Exercise 22-13 Residual income LO A1 Assume that each of the company's divisions has a required rate of return of 7%. Compute residual income for each division. (Enter your answers in millions.) your answers in millions.) ($ millions) Beverage Cheese es Targeted return Target income Residual Income Beverage Cheese Residual income