Residual Income The income from operations and the amount of invested assets in each division of Shiner Industries are as follows: Income from Invested Operations Assets Retail Division $58,800 $280,000 Commercial Division 158,400 660,000 Internet Division 125,800 740,000 Assume that management has established an 12% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division Commercial Division Internet Division $58,800 $ 158,400 $125,800 Income from operations Minimum amount of income from operations Residual income $ b. Which division has the most residual income