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Mason Corporation had $1,184,000 in invested assets, sales of $1,219,000, operating income amounting to $245,000, and a desired minimum return on investment of 14%. The

Mason Corporation had $1,184,000 in invested assets, sales of $1,219,000, operating income amounting to $245,000, and a desired minimum return on investment of 14%. The residual income for Mason Corporation is

a. $79,240

b. ($5,700)

c. $110,936

d. $0

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