The following information pertains to the three divisions of Marlow Company:

	Division X		Division Y		Division Z
Sales	?		?		$1,250,000
Net operating income	$36,000		$25,000		$75,000
Average operating assets	$300,000		?		?
Return on investment	?		20%		15%
Margin	0.10		0.05		?
Turnover	1.2		?		?
Target ROI	15%		12%		10%

What is the residual income for Division X?

a.$(9,000)

b.$(36,000)

c.$45,000

d.$36,000