An investment center within a firm has the following data (assume it is expressed in present value). Profit $188.1 million Firm cost of capital 7.5% Operating assets (i.e. investment) $1,643.1 million What is this centers residual income (rounded if necessary)?

a. 11.4%

b. 16.5%

c. $14.11 million

d. $64.87 million