3 2, Yvel... organic Yohi He... Question 17 3 pts Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses $400,000 260,000 140,000 40,000 Net operating income $100,000 Average operating assets $500,000 If the company's minimum required rate of return on average operating assets is 16%, its residual income would be: O $20,000. O $21,000 O $22,000 O $23,000