Cullumber Motors is a major car manufacturer with a wide variety of models, including its most recent one, the Mountaineer. The new

model uses parts and components from external suppliers, as well as some from the following divisions of Cullumber Motors:

Division S:

This division manufactures stainless steel components for the Mountaineer and other models sold by Cullumber Motors. Sales of

components for the Mountaineer represent $22\%$ of the division's revenue.

Division F:

This division produces different wipers that fit a wide variety of car models manufactured by Cullumber Motors and other major car

manufacturers. Sales of wipers for the Mountaineer are negligible. Division $F$ has total assets of $$215$ million. Last year's revenues

were $$129$ million and operating expenses were $$101\mathrm{.}00$ million.

Division D:

This division uses all its capacity to manufacture engines for the Mountaineer. The division manager is strictly responsible for choosing

the inputs used to produce the engines.

Cullumber Motors uses the return on investment to evaluate the performance of the division managers. The required rate of return of

$14\%$ is the same for all divisions.

At the last meeting of the division managers, Mr$.$ King, manager of division D$,$ was not happy because he thought that he was not

evaluated fairly. The chief executive officer of Cullumber Motors did not understand why Mr$.$ King's evaluation would be unfair as she

thought that the ROI was the best measure available to evaluate performance.

$($a$)$

Calculate the residual income for division $F$ based on last year's results and investment.