TB Problem Qu. 11-260 (Algo) The Casket Division of Saal Corporation.... The Casket Division of Saal Corporation had average operating assets of $1,100,000 and net operating income of $285,200 in January. The company uses residual income to evaluate the performance of its divisions, with a minimum required rate of return of 19%. Required: What was the Casket Division's residual income in January? Residual income