The income from operations and the amount of invested assets in each division of Beck Industries are as follows:

The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division $119,700 $630,000 Commercial Division 54,600 260,000 Internet Division 161,000 700,000 Assume that management has established a 10% minimum acceptable return for invested assets. a. Determine the residual income for each division. Retail Division Commercial Division Internet Division Income from operations $119,700 $54,600 $161,000 Minimum acceptable income from operations as a percent of invested assets Residual income b. Which division has the most residual income