Westerville Company reported the following results from last year's operations: Sales 6 2.300.000 Variable expenses 670,000 Contribution margin 1,630,000 Taxed expenses 1,170,000 Not operating income $ 460,000 Average operating sota $ 1,437,500 At the beginning of this year, the company has a $287,500 investment opportunity with the following cost and revenue characteristics Sales Contribution margin ratio Fixed expenses $ 460,000 50 of sales $ 161,000 The company's minimum required rate of retum 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? Answer is complete but not entirely correct. Rincon 244,375