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A company's current net operating Income is $20,900 and its average operating assets are $7,000. The company's required rate of return is 10%. A new

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A company's current net operating Income is $20,900 and its average operating assets are $7,000. The company's required rate of return is 10%. A new project being considered would require an investment of $19,700 and would generate annual net operating Income of $5,100. What is the residual income of the new project? O $5,100 0 ($3,010) 0 $3,130 $1,970

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