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	$62,700		$330,000
Commercial Division	68,800		430,000
Internet Division	161,000		700,000

Assume that management has established a 8% minimum acceptable return for invested assets.

a. Determine the residual income for each division.

	Retail Division			Commercial Division			Internet Division
Income from operations	$62,700			$68,800			$161,000
Minimum acceptable income from operations as a percent of invested assets	fill in the blank 1			fill in the blank 2			fill in the blank 3
Residual income	$fill in the blank 4			$fill in the blank 5			$fill in the blank 6

b. Which division has the most residual income?

Commercial DivisionInternet DivisionRetail Division