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 $149,100 $710,000 Commercial Division 110,200 580,000 Internet Division 100,300 590,000 Assume that management has established a 12% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division Commercial Division Internet Division Income from operations $149,100 $110,200 $100,300 Minimum acceptable income from operations as a percent of invested assets Residual income $ $ $ b. Which division has the most residual income? Retail Division