QS 22-10 Computing residual income LO A1 Investment Center Net Income Average Assets $20,000,000 Cameras and camcorders $4,500,000 Phones and communications 1,500,000 Computers and accessories 800,000 12,500,000 10,000,000 Assume a target income of 12% of average invested assets. Required: Compute residual income for each division. Target Income Cameras and Camcorders Phones and Communications Computers and Accessories Targeted return Target income Residual Income Cameras and Camcorders Phones and Communications Computers and Accessories Residual income (loss)