distribution channel is evaluated as an investment center. Selected results from the latest year are as follows: Retail Stores Internet Catalog Sales Sales revenue $9,930,000 $3,880,000 $3,030,000 Variable expenses 3,880,000 1,430,000 1,730,000 Direct fixed expenses 4,380,000 930,000 1,130,000 Average assets 7,880,000 3,880,000 1,980,000 Required-rate of return 11% 11% 11% (a) Calculate the current residual income for each distribution channel. (If the residual income is a loss then enter with a negative sign preceding the number, e.g. -5,125 or parenthesis, e.g. (5,125).) Retail Online $ $ Catalog Residual Income