Chace Products is a division of a major corporation. Last year the division had total sales of $21,300,000, net operating income of $575, 100, and average operating assets of $5,000,000. The company's minimum required rate of return is 12%. The division's residual income is closest to: Select one: O a. $575,100 O b. $1,175,100 O c. $(1,980,900) O d. $(24,900)