The owners of Crane Electronics Store are contemplating selling the business. The cumulative earnings for the past 5 years totaled $963000, including a gain on discontinued operations of $33600. The annual earnings based on an average rate of return on investment for this industry would have been $139800. If excess earnings are to be capitalized at 15%, then implied goodwill should be O $307200. O $929400. O $357760. O $273600.