Selected sales and operating data for three divisions of three different divisions of Alpha Company are given below: Division A Division B Division C Sales $ 5,600,000 $ 9,600,000 $ 8,700,000 Average operating $ 1,120,000 $ 3,200,000 $ 1,740,000 assets Net operating income $ 263,200 $ 835,200 $ 169,650 Minimum required rate 16% 26.1% 13% of return Required: (Show your workings) 1. Compute the return on investment (ROI) for each division, Round your answers to 2 decimal places. 2. Compute the residual income for each division. (Negative amounts should be indicated by brackets or a minus sign. State $0 if applicable). 3. Now assume that each division is presented with a new investment opportunity that would yield a rate of return of 18%. If performance is measured by residual income, state clearly for each division which division or divisions will likely accept or reject the new opportunity