This question will be sent to your instructor for grading. TB Problem Qu. 10-150 (Static) The Casket Division of Saal Corporation had... The Casket Division of Saal Corporation had average operating assets of $950,000 and net operating income of $135,200 in January. The company uses residual income to evaluate the performance of its divisions, with a minimum required rate of return of 13%. Required: What was the Casket Division's residual income in January? This question will be sent to your instructor for grading. TB Problem Qu. 10-150 (Static) The Casket Division of Saal Corporation had... The Casket Division of Saal Corporation had average operating assets of $950,000 and net operating income of $135,200 in January. The company uses residual income to evaluate the performance of its divisions, with a minimum required rate of return of 13%. Required: What was the Casket Division's residual income in January