The Millard Division's operating data for the past two years are provided below: Year 2 Year 1 15% ? 20% $ 700,000 Return on investment Net operating income Turnover Margin Sales $3,370,000 Millard Division's margin in Year 2 was 140% of the margin in Year 1. The net operating income for Year 1 was: Multiple Choice $280,000 $101,100 $134,800 $269,600