Pavidson Corporation has a target return of $15\%.$ If a prospective investment has an estimated return on investment of $20\%,$ and a residual income of $$10,000,$ what is the estimated cost of the investment?

elect one:

a$.$ $$50,000$

b$.$ The answer can't be determined from this information.

c$.$ $$200,000$

d$.$ $$66,667$

Lee Corporation distributes its service department overhead costs directly to producing departments without allocation to the other service departments. Information for January is presented

$\backslash$table$[[,$Maintenance,Utilities$],[$Overhead costs incurred,$$18,700,$$$9,000$