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

Year 1 Year 2

Return on investment 12% 36%

Net operating income ? $360,000

Turnover ? 3

Margin ? ?

Sales $3,200,000 ?

Millard Division's margin in Year 2 was 150% of the margin in Year 1.

The net operating income for Year 1 was:

Multiple Choice

A)$240,000

B)$256,000

C)$384,000

D)$768,000