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 $88,000 $440,000 Commercial Division 62,100 270,000 Internet Division 141,600 590,000 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 $88,000 $62,100 $141,600 Minimum acceptable operating income as a percent of invested assets Residual income $ $ b. Which division has the most residual income