Luke Company has three divisions: Peak. View, and Grand. The company has a hurdle rate of 6.51 percent. Selected operating data fc the three divisions follow: $ Sales revenue Cost of goods sola Miscellaneous operating expenses Average invested assets Peak View Grand 339,000 $ 222,000 $ 318,000 199,000 121,000 191, een 44,000 35,000 38,000 1,350.ece 880,000 1,195,000 Required: 1. Compute the return on investment for each division. 2. Compute the residual income for each division Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the return on investment for each division. (Enter your ROI answers as a percentage rounded to two decimal places, (.e., 0.1234 should be entered as 12.34%.)) Peak View Grand Return on Investment % % Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 6.51 percent. Selected operating data for the three divisions follow 5 Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets Peak View Grand 339,00 $ 222,eee $ 318,000 199.ee 121,000 191,830 44,000 35,000 38.000 1,350,000 380,000 1,195,000 Required: 1. Compute the return on investment for each division 2. Compute the residual income for each division Complete this question by entering your answers in the tabs below. Required: Required 2 Compute the residual income for each division. (Loss amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to nearest whole dollar.) Peak View Grand Residual income (Loss)