Northern Pride Inc, a diversified company, operates four departments. The company has collected the following departmental information for 2020: Department Sales $ 236,000 106.200 Cost of Goods Sold $ 177.000 1 Operating Expenses $ 19,765 27,730 Current Investment $ 206,500 247,800 2 41,300 3 1.770,000 1.384.140 243,080 1.298,000 4 1,475,000 885.000 325,680 1,652.000 Your answer is partially correct. Calculate residual income and rank department performances. Assume that the company requires a minimum return on the current investment of 5% Department RI Rank 1 $ 18585 2 . $ 12390 4 3 3 $ 12980 4 $ 99120 1