Superior Division of the Monroe Company has an opportunity to invest in a new project. The project will yield an incremental operating income of $73,450 on average invested assets of $902,000. Superior Division currently has operating income of $427,000 on average invested assets of $4,327,000. Monroe Company has a 7.2% hurdle rate for new projects. a. What is Superior Division's ROI before making an investment in the project? (Round your answer to 2 decimal places.) Return on Investment 9.87 % b. What is Superior Division's residual income before making an investment in the project? Residual Income