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b 38. Scottso Division has the following results for the year: Revenues $1,080,000 Variable expenses 440,000 Fixed expenses 400,000 Total divisional assets are $1,600,000. The

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b 38. Scottso Division has the following results for the year: Revenues $1,080,000 Variable expenses 440,000 Fixed expenses 400,000 Total divisional assets are $1,600,000. The company's minimum required rate of return is 14 percent. Residual income for Scottso is a. $(64,000). b. $16,000.mond c. $151,200. d. $224,000

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