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Sirius, Inc. has average total assets of $ 3 0 0 , 0 0 0 . The annual operating income of the company is $

Sirius, Inc. has average total assets of $300,000. The annual operating income of the company is $100,000. The target rate of return for the company is 10%. Calculate the residual income.
A. $10,000
B. $70,000
C. $30,000
D. $200,000
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