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Residual Income The operating income and the amount of invested assets in each division of Conley Industries are as follows: Invested Assets Operating income $70,000 Retail Division Da Commercial Division 137,700 $350,000 810,000 650,000 Internet Division 104,000 Assume that management has established a 12% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division Commercial Division Internet Division Operating income $70,000 $137,700 $104,000 Minimum acceptable operating income as a percent of invested assets Residual income b. Which division has the most residual income