Residual Income Washington Company has two divisions: the Adams Division and the Jefferson Division. The following information pertains to last Year's results: Adams Division Jefferson Division Net (ter-tax income $611,050 $337,050 Total capital employed 4,040,000 3,607,500 In addition, Washington Company's top management has set a minimum acceptable rate of return equal to 8% Required: Enter negative values as negative numbers. 1. Calculate the residual income for the Adams Division 2. Calculate the residual income for the Jefferson Division Check My Work more Check My Work uses remaining Previous Next > structor Save and Exit Submit Assignment for Grading Yuop