Below is information from Clydesdale Corporation's records: Sales Invested assets Operating expenses Desired minimum rate of return $4,700,000 $2,000,000 $3,600,000 7.096 What is Clydesdale Corporation's residual income? a. $760,000. b. $1,100,000. c. $860,000. d. $960,000. QUESTION 21 Below is information from Mandellyn Corporation's records: Invested assets Sales Income from operations Desired minimum rate of return $650,000 $700,000 $100,000 15.096 What is Mandellyn Corporation's residual income? a. $1,500. b. $12.500. C. $2.500. d. $(2.500)