Residual Income The income from operations and the amount of invested assets in each division of Shiner Industries are as follows: Income from Operations Invested Assets Retail Division $9,350,000 $55,000,000 Commercial Division 10,640,000 38,000,000 Internet Division 2,240,000 16,000,000 Assume that management has established an 8% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division Commercial Division Internet Division Income from operations $9,350,000 $10,640,000 $2,240,000 Minimum amount of income from operations fill in the blank 1 fill in the blank 2 fill in the blank 3 Residual income $fill in the blank 4 $fill in the blank 5 $fill in the blank 6 b. Which division has the most residual income?