The Avila Division of Maldonado Company had operating income last year of $112,900 and average operating assets of $780,000. Maldonado's minimum acceptable rate of return is 5%. Required: 1. Calculate the residual income for the Avila Division. Round your answer to the nearest dollar. Residual income $ 2. Was the ROI for the Avila Division greater than, less than, or equal to 5%