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

At the beginning of this year, the company has a $$325,000$ investment opportunity with the following

cost and revenue characteristics:Contribution margin ratio $ $\%$ of sales

Fixed expenses $ $312,000$The company's minimum required rate of return is $15\%.$

Foundational $10-13($Algo$)$

If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income

will it earn this year?