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 $77,400 $430,000 630,000 Commercial Division 126,000 Internet Division 173,800 790,000 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 Operating income $77,400 $126,000 $173,800 Minimum acceptable operating income as a percent of invested assets Residual income b. Which division has the most residual income