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 $71,400 $340,000 Commercial Division 64,400 280,000 Internet Division 67,500 270,000 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 $71,400 $64,400 $67,500 Minimum acceptable operating income as a percent of invested assets Residual income b. Which division has the most residual income