Altoona Technologies, Inc. has three divisions. Altoona has a desired rate of return of 11.0 percent. The operating assets and income for each division are as follows:

Divisions	Operating Assets				Operating Income
Printer	$	740,000			$	115,440
Copier		1,010,000				101,000
Fax		560,000				72,800
Total	$	2,310,000			$	289,240

Altoona headquarters has $140,000 of additional cash to invest in one of its divisions. The division managers have identified investment opportunities that are expected to yield the following ROIs:

	Expected ROIs for
Divisions	Additional Investments
Printer	12.5	%
Copier	11.5	%
Fax	10.5	%

Required

1. g. Calculate the residual income:

1. (1) At the corporate (headquarters) level before the additional investment.

2. (2) At the division level before the additional investment.

3. (3) At the investment level.

4. (4) At the division level after the additional investment.