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 $84,000 $420,000 139,400 820,000 112,000 700,000 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? Retail Division Commercial Division Internet Division $84,000 $139,400 $112,000