Westerville Company reported the following results from last year$$s operations:

Sales $ $1,000,000$

Variable expenses $300,000$

Contribution margin $700,000$

Fixed expenses $500,000$

Net operating income $ $200,000$

Average operating assets $ $625,000$

At the beginning of this year, the company has a $$120,000$ investment opportunity with the following cost and revenue characteristics:

Sales $ $200,000$

Contribution margin ratio $60\%$ of sales

Fixed expenses $ $90,000$

The company$$s minimum required rate of return is $15\%.$

$13.$ If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it earn this year?