Residual Income The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating income Invested Assets Retail Division Commercial Division Internet Division $54,600 43,200 68,800 $260,000 240,000 430,000 Assume that management has established a 10% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division $54,600 Commercial Division $43,200 Internet Division $68,800 Operating income Minimum acceptable operating income as a percent of invested assets Residual income b. Which division has the most residual income