Residual Income The income from operations and the amount of invested assets in each division of Devon Industries are as follows:

Income from operations Invested Assets

Sporting Goods Division	$159,600		760,000
Health Care Division	144,000		600,000
Commercial Division	100,300		590,000

Assume that management has established a 8% minimum acceptable rate of return for invested assets.

a. Determine the residual income for each division.

	Sporting Goods Division			Health Care Division			Commercial Division
Income from operations	$159,600			$144,000			$100,300
Minimum amount of income from operations	________			________			_______
Residual income	$_______			$________			$________