The Crunchy Granola Company is a diversified food company that specializes in all natural foods. The company has three operating divisions organized as investment centers. Condensed data taken from the records of the three divisions for the year ended June 30, 2016, are as follows: Cereal Division Snack Cake Division Retail Bakeries Division Sales $26,100,000 $8,220,000 $9,900,000 Cost of goods sold 16,650,000 5,555,000 6,755,000 Operating expenses 8,406,000 2,007,400 2,650,000 Invested assets 6,525,000 2,0