The operating income and the amount of invested assets in each division of Conley Industries are as follows: Retail Division Commercial Division Internet Division Operating income $61,200 121,800 51,800 Invested Assets $340,000 580,000 370,000 Assume that management has established a 12% minimum acceptable return for invested assets. a. Determine the residual income for each division. Operating income Minimum acceptable operating income as a percent of invested assets Residual income b. Which division has the most residual income? Retail Division $61,200 Commercial Division $121,800