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 Beverage Division $2,662 2,593 2,681 Cheese Division $4,455 4,400 3,925 (Smillions) Invested assets, beginning Invested assets, ending Sales Operating income 349 634 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.) Answer is not complete S millions) Beverage Cheese Average assetsS Targeted return Target income esidual Income Operating income Less: Target income Residual income 349 184% 165 Beverage Cheese 634 324