ROI, Residual Income

The following selected data pertain to the Argent Division for last year:

Sales	$1,000,000
Variable costs	$630,000
Traceable fixed costs	$100,000
Average invested capital	$1,500,000
Imputed interest rate	15	%

Required:

1. How much is the residual income? $ fill in the blank 1

2. How much is the return on investment? Enter your answer as a percentage, rounded to two decimal places. For example, the decimal value .03827 would be entered as "3.83" percent. fill in the blank 2 %