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 $145,800 $810,000 Commercial Division 73,500 490,000 Internet Division 46,800 360,000 Assume that management has established a 8% minimum acceptable return for invested assets a. Determine the residual income for each division Retail Division Commercial Division Internet Division $145,800 $73,500 Operating income Minimum acceptable operating income as a percent of invested assets Residual income $46,800 X