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The manager of Synergy Company's Stock Division projects the following for next year Sales $195,000 Operating Income 70,000 Operating assets 385,000 The manager can invest

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The manager of Synergy Company's Stock Division projects the following for next year Sales $195,000 Operating Income 70,000 Operating assets 385,000 The manager can invest in an additional project that would require $50,000 investment in additional assets and would generate $9,000 of additional income. The company's minimum rate of retum is 15%. What is the residual income for the Stock Division with the additional project? ON 525.00 Ob. 540.000 c. 55,000 d. 54,200 Oe. $13,750

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