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 $128,000 $640,000 Commercial Division 81,400 370,000 Internet Division 126,000 840,000 Assume that management has established a 12% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division Commercial Division Internet Division Operating income $128,000 $81,400 $126,000 Minimum acceptable operating income as a percent of invested assets Residual income b. Which division has the most residual income