Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands) Management's target rate of return is 20% and the weighted average cost of capital is 10% its effective tax rate is 30%. Sales Operating income Total assets Current abilities $7,000,000 1,750,000 3,000,000 780,000 What is the division's Residual Income (RI)? OA $1,150,000 B. $345,000 c. $2,100,000 D. $1,450,000