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 $144,900 $690,000 Commercial Division 102,600 540,000 Internet Division 129,600 810,000 Assume that management has established a 12% minimum acceptable return for invested assets. a. Determine the residual income for each division. Commercial Division Internet Division Retail Division $144,900 $102,600 $129,600 Operating income Minimum acceptable operating income as a percent of invested assets Residual income b. Which division has the most residual income? Commercial Division Internet Division Retal Division