Wellinghouse Industries has established a 10 percent target ROI for its divisions. The following data have been gathered for the lonia Division's operations for the previous year: Revenues =$30,000,000; Expenses =$28,000,000; Invested capital =$11,200,000. a-1. Calculate the ROI? a-2. Did the lonia Division meet the ROI target? b. What is the Ionia Division's residual income? Complete this question by entering your answers in the tabs below. Calculate the ROI? (Round percentage to 1 decimal place.) Complete this question by entering your answers in the tabs below. Did the Ionia Division meet the ROI target? Complete this question by entering your answers in the tabs below. What is the Ionia Division's residual income