Beery Inc. reported the following results from last year's operations: Prior year results Sales Variable expenses $4,700,000 $3,300,000 $1,400,000 Contribution margin Fixed expense $950,000 $450,000 Net operating income Average operating assets $100,000 This year is expected to be the same, unless Beery Inc. makes an additional investment. The company has an opportunity to make an additional investment with the following characteristics: Additional investment opportunity Investment required $100,000 Incremental sales $300,000 $200,000 Incremental variable costs Incremental fixed costs $50,000 The company's minimum required rate of return is 10%. If the company pursues the investment opportunity, what will the combined residual income for the entire company be this coming year? (Choose the option that is closest)