13 Part 13 of 15 1 points Skipped eflook Required information The Foundational 15 (Algo) [LO10-1, LO10-2] The following information applies to the questions displayed below) Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 2,200,000 660,000 1,540,000) 1,100,000 $440,000 $1,375,000 At the beginning of this year, the company has a $275,000 investment opportunity with the following cost and revenue characteristics: 01 Sales $440,000 Contribution margin ratio 60 of sales Fixed expenses $220,000 The company's minimum required rate of return is 15% Foundational 10-13 (Algo) 13. If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it earn this year? Residual income