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 $105,000 $500,000 Commercial Division 194,400 810,000 Internet Division 40,800 240,000 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 Income from operations $105,000 $ 194,400 $40,800 Minimum amount of income from operations Residual income $ b. Which division has the most residual income