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 Part 2 of2 1.38 points Beverage Division $2,662 2,593 2,681 Cheese Division $4,455 4,400 3,925 $millions) Skipped Invested assets, beginning Invested assets, ending Sales Operating income 349 634 eBook Print 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.) References $ millions) Cheese Targeted return Target income Residual Income Beverage Cheese Residual income