Residual Income The operating income and the amount of invested assets in each division of Conley Industries are as follows: Retail Division Commercial Division Internet Division Operating income Invested Assets $136,400 $620,000 175,000 52,200 700,000 290,000 Assume that management has established a 10% minimum acceptable return for invested assets. a. Determine the residual income for each division. 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 Retail Division $ Retail Division Commercial Division Internet Division $136,400 $175,000 $52,200 $