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need it quick thanks Exercise 15-14A (Algo) Residual income LO 157 Adams Corporation has a desired rate of return of 9 percent. Willam Tobin is

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Exercise 15-14A (Algo) Residual income LO 157 Adams Corporation has a desired rate of return of 9 percent. Willam Tobin is in charge of one of Adams's three investment centers. His center controlled operating assets of $2,500,000 that were used to earn $275,000 of operating income. Required Compute Mr. Tobin's residual income

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