Suppose the company's minimum required rate of return on operating assets is $13\%$

and performance is evaluated using residual income.

a$.$ Compute the Office Products Division's residual income for this year.

b$.$ Compute the Office Products Division's residual income for the new product by itself.

c$.$ Compute the Office Products Division's residual income for next year assuming it

performs the same as this year and adds the new product.