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Robichau Inc. reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $3,000,000 $6,300,000

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Robichau Inc. reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $3,000,000 $6,300,000 4,930,000 1,370,000 803,000 $ 567,000 00:47:23 At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics: Sales Contribution margin ratio Fixed expenses $1,530,000 30% of sales $ 306,000 The company's minimum required rate of return is 20%. If the company pursues the investment opportunity, this year's combined residual income for the entire company will be closest to

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