Operating Income for Profit Center The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of 4,000 hours of service for the period. The Retail Division has used 2,750 hours of computer technology service during the period, and the Commercial Division has used 1,250 hours of computer technology service. Additional data for the two divisions is following below: Retail Division Commercial Division Sales $2,150,000 $1,200,000 Cost of goods sold 1,300,000 800,000 Selling expenses 150,000 175,000 Determine the divisional operating income for the Retail Division and the Commercial Division. Do not round interim calculations. Hardy Company Divisional Operating income Retail Division Commercial Division Operating income Residual Income The Commercial Division of Galena Company has operating income of $185,680 and assets of $529,000. The minimum acceptable return on assets is 9%. What is the residual income for the division