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The Rainy Division of Seattle Corporation reported the following results from the past year. Shareholders require a return of 6%. Management calculated a weighted-average cost

The Rainy Division of Seattle Corporation reported the following results from the past year. Shareholders require a return of 6%. Management calculated a weighted-average cost of capital (WACC) of 2% Rainy's corporate tax rate is 30% Sales Operating income Total assets Current liabilities $600,000 210,000 1,800,000 200,000 What is the division's Residual Income (RI)? OA $210,000 OB. $174,000 Oc. $36,000 OD. $102,000

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