The Millard Division's operating data for the past two years are provided below. Return on investment Net operating income Turnover Margin Sales Year 1 10% ? ? Year 2 24% $ 380,000 $ 3,210,000 Millard Division's margin in Year 2 was 120% of the margin in Year 1. 4 ? The net operating income for Year 1 was: Note: Round your Intermediate percentage calculations to the nearest whole percent.

The Millard Division's operating data for the past two years are provided below