Residual Income The operating income and the amount of invested assets in each division of Otte Industries are as follows: Operating Income Invested Assets Retail Division $104,400 $580,000 Commercial Division 102,000 680,000 Internet Division 186,300 810,000 Assume that management has established a 8% minimum acceptable rate of return for invested assets. a. Determine the residual income for each division. Commercial Retail Division Internet Division Division Operating income $104,400 $102,000 $186,300 Minimum acceptable operating income as a percent of invested assets Residual income $ b. Which division has the most residual income? Internet Division