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The following information relates to the Cliff Division of Mountain Enterprises: Income for the period just ended: $600,000 Invested capital: $7,500,000 If the company has

The following information relates to the Cliff Division of Mountain Enterprises: Income for the period just ended: $600,000 Invested capital: $7,500,000 If the company has an imputed interest rate of 6%, Cliff's residual income would be:

	None of these.
	$450,000.
	$150,000.
	$414,000.
	$36,000.

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