QS 24-10 Computing residual income LO A1 The following information is provided for each division. Investment Center Cameras and camcorders Phones and communications Computers and accessories Net Income $4,700,000 2,170,000 900,000 Average Assets $ 28,100,000 15,500,000 19,200,000 Assume a target income of 14% of average invested assets. Required: Compute residual income for each division. (Enter losses with a minus sign.) 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)