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The West Division of Shekarchi Corporation had average operating assets of $620,000 and net operating income of $80,100 in March. The minimum required rate of

The West Division of Shekarchi Corporation had average operating assets of $620,000 and net operating income of $80,100 in March. The minimum required rate of return for performance evaluation purposes is 14%.

What was the West Division's residual income in March?

A. $6,700

B. $11,214

C. -$11,214

D. -$6,700

Please show me the work, not just the answer, Thanks so much!

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