Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,000,000 300,000 700,000 500,000 $ 200,000 $ 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenu characteristics: Sales Contribution margin ratio Fixed expenses $ 200,000 60% of sales $ 90,000 The company's minimum required rate of return is 15%. Foundational 10-12 (Static) 12. What is the residual income of this year's investment opportunity? Residual income