Our company finished operations for 2021. Below are our beginning and ending 2021 balance sheets:

For various reasons we do not have any short-term debt or operating liabilities.

For the year 2021, our total revenues equaled $2,800,000; our total variable expenses equaled $1,400,000; and our total fixed expenses equaled $1,050,000. Our cost of capital equals 15%. For 2021, our residual income was closest to

	A.	$108,500
	B.	$15,500
	C.	$84,875
	D.	$221,375
	E.	$98,000