Hello, any assistance with these problems would be greatly appreciated. Thanks.

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 $647,350 $324,450 Total capital employed 4,360,000 3,640,000

In addition, Washington Company's top management has set a minimum acceptable rate of return equal to 8%.

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. $