1. Residual IncomeWashington 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 (after-tax) income	$701,800		$340,200
   Total capital employed	4,440,000		3,412,500

   In addition, Washington Company's top management has set a minimum acceptable rate of return equal to 9%.Required:Enter negative values as negative numbers.1. Calculate the residual income for the Adams Division. $2. Calculate the residual income for the Jefferson Division.$