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The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 7%. Management calculated

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The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 7%. Management calculated a weighted - average cost of capital (WACC) of 2%. Allied's corporate tax rate is 30% Sales $800,000 Operating income 280,000 Total assets 1.100.000 Current liabilities 100,000 What is the division's Residual Income (RI)? O A. $258,000 OB. $84,000 OC. $224,000 OD. $203,000

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