eBook Residual Income Washington Company has two divisions: the Adams Division and the Jefferson Division, The following information pertains to last year's results: Adams Division Jefferson Division Net (after-tax) income $665,500 $333,900 Total capital employed 4,080,000 3,510,000 In addition, Washington Company's top management has set a minimum acceptable rate of return equal to 10%. Required: Enter negative values as negative numbers. 1. Calculate the residual income for the Adams Division 2. Calculate the residual income for the Jefferson Division