Assume the Hiking Shoes division of the Simply Shoes Company had the following results last year (in thousands). Management's K target rate of retum is 30% and the weighted average cost of capital is 20%. Its effective tax rate is 30% Sales Operating income Total assets Current liabilities What is the division's Residual Income (RI)? $11,000,000 2,200,000 2,500,000 790,000 OA. $1,700,000 OB. $3,300,000 OC. $435,000 OD. $1,450,000