Show me work please :)

eBook Residual Income The income from operations and the amount of invested assets in each division of Steele Industries are as follows: Retail Division Commercial Division Internet Division Income from Operations 130,000 72,000 37 500 Invested Assets $650,000 400,000 550,000 Assume that management has established an 8% minimum acceptable rate of return for invested assets. a. Determine the residual income for each division. Retail Division Commercial Division Internet Division $72,000 $137,500 Income from operations Minimum amount of income from operations Residual income b. Which division has the most residual income? $130,000 Select