Question Content Area

Mason Corporation had $$1,020,000$ in invested assets, sales of $$1,217,000,$ operating income amounting to $$217,000,$ and a desired minimum return on investment of $13\%.$

The residual income for Mason Corporation is

a$.($$$5,300)$

b$.$ $$0$

c$.$ $$84,400$

d$.$ $$118,160$