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Compute the Average Assets Invested for the Hi Ho Investment

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Compute the average assets invested for the Hi Ho investment center as shown below.  Hi Ho Subsidiary  Total sales $20,000 Operating income $5,000 Beginning assets invested $14,000 Ending assets invested $14,600 Average assets invested $? Desired ROI 25% Residual income $?\begin{array}{lr} & \text { Hi Ho Subsidiary } \\\text { Total sales } & \$ 20,000 \\\text { Operating income } & \$ 5,000 \\\text { Beginning assets invested } & \$ 14,000 \\\text { Ending assets invested } & \$ 14,600 \\\text { Average assets invested } & \$ ? \\\text { Desired ROI } & 25 \% \\\text { Residual income } & \$ ?\end{array}

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