Current Attempt in Progress Crane Decor sells home decor items through three distribution channels-retail stores, the Internet, and catalog sales. Each distribution channel is evaluated as an investment center. Selected results from the latest year are as follows: Retail Stores Internet $3,970,000 $10,020,000 3.970,000 Catalog Sales $3,200.000 1,820,000 1,520,000 Sales revenue Variable expenses Direct fixed expenses Average assets Required rate of return 4,470,000 1,020,000 1.220,000 7.970,000 3,970.000 1.710.000 11% 11% 11% (a) Your answer is correct Calculate the current residual income for each distribution channel (If the residual income is a loss then enter with negative sign preceding the numbers. 5.125 or parenthesis es 15.125.) 5/10 (a) Your answer is correct. Calculate the current residual income for each distribution channel. (If the residual income is a loss then enter with a negative sign preceding the number, e.g.-5,125 or parenthesis, cs. (5,125).) Residual Income 703300 Retail A 993300 Online 28100 Catalog $ e Textbook and Media Attempts: 3 of 10 used (b) Attempts: 3 of 10 used (b) The corporate office is giving the managers of each channel the option of a customer relationship management system that will allow the managers to gather data about their customers and be more effective in their marketing efforts. Calculate the residual income of each distribution channel assuming it purchases the new customer relationship management system. (If the residual income is a loss then enter with a negative sign preceding the number, e. -5,125 or parenthesis, e... (5,125).) Residual Income $ Retail $ Online $ Catalog e Textbook and Media Attempts: 0 of 10 used Submit Answer Save for Later