Simply Sweets has two different product lines, cupcakes and cookies. The most recent financial information indicated total cupcake sales of $300,000 and profit of $15.000. This division had $100.000 of average operating assets throughout the year. Total cookie sales were $500,000 with profit of $50,000. The cookie product line had average operating assets of $250.000. The company has indicated that the minimum required return for any product line it offers is 16%.. Calculate the residual income of each division. Explain the results. Which division is doing better and why