Residual Income The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division Commercial Division internet Division Assume that management has established a 10% minimum acceptable return for invested assets. $47,500$250,000 57,600 360,000 72,800 s20,000 a. Determine the residual income for each division. RetailCommercialInternet Division Division Division Income from operations $47,500 $57,600 $72,800 Minimum acceptable income from operations as a percent of invested assets Residual income b. Which division has the most residual income? Retail Divition Feedback -Check My Work a. Subtract the minimum acceptable income from operations as a percent of invested assets. b. Compare the results for the divisions Learning Objective 4