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Division A of Ocelot Corporationcurrently has operating income of $10,000,000, sales of $99,000,000, and total assets of $66,000,000. Management's target rate of return is 10%.

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Division A of Ocelot Corporationcurrently has operating income of $10,000,000, sales of $99,000,000, and total assets of $66,000,000. Management's target rate of return is 10%. Division A has the following information on a potential project they are reviewing: Sales $20,000,000 Operating income 1,500,000 Total assets 14,000,000 Current liabilities 5,100,000 What is the project's Residual Income (RI) and would Division A's manager accept or reject if the management of Division A is evaluated based on R? O A. $100,000 and accept O B. $100,000 and reject O c. $3,400,000 and accept OD. $3,500,000 and accept

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