Required information The Millard Division's operating data for the past two years are provided below: Return on Investment Shareholders' Equity Operating Income Turnover Margin Sales Year 1 12% $800,000 ? Year 2 36% $500,000 $360,000 ? ? $3,200,000 Millard Division's margin in Year 2 was 150% of the margin in Year 1. What was the operating income for Year 1? Required information The Millard Division's operating data for the past two years are provided below: Year 1 12% $800,000 Return on Investment Shareholders' Equity Operating Income Turnover Margin Sales Year 2 36% $500,000 $360,000 3 $3,200,000 Millard Division's margin in Year 2 was 150% of the margin in Year 1. What was the turnover for Year 1? Required information The Millard Division's operating data for the past two years are provided below: Year 1 12% $800,000 Return on Investment Shareholders' Equity Operating Income Turnover Margin Sales Year 2 36% $500,000 $360,000 ? 3 $3,200,000 Millard Division's margin in Year 2 was 150% of the margin in Year 1. What were the sales for Year 2? ! Required information The Millard Division's operating data for the past two years are provided below. Return on Investment Shareholders' Equity Operating Income Turnover Margin Sales Year 1 12% $800,000 ? ? ? $3,200,000 Year 2 36% $500,000 $360,000 3 ? Millard Division's margin in Year 2 was 150% of the margin in Year 1. What were the average operating assets for Year 2