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 $53,200 $280,000 Commercial Division 119,700 570,000 Internet Division 57,400 410,000 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 $53,200 $119,700 $57,400 Income from operations Minimum amount of income from operations Residual income b. Which division has the most residual income? Commercial Division