A company has a minimum cost of capital of 20%. The company reported income of $3,800, sales of $60,000 and an investment base in assets of $25,000. Calculate the residual income. O $1,200 $8,200 O $- 1,200 O$-8,200 Other: * 1 point

A company has a minimum cost of capital of 20%. The 1 point company reported income of $3,800, sales of $60,000 and an investment base in assets of $25,000. Calculate the residual income. $1,200 $8,200 $1,200 $8,200 Other