The Millard Division's operating data for the past two years are provided below: Year 1 15% Year 2 20% $460,000 5 Return on investment Net operating income Turnover Margin Sales ? ? ? ? $3,250,000 ? Millard Division's margin in Year 2 was 130% of the margin in Year 1. The net operating income for Year 1 was: Millard Division's margin in Year 2 was 130% of the margin in Year 1. The net operating income for Year 1 was: Multiple Choice $184,000 $97,500 $130,000 $260,000