Westerville Company reported the following results from last year's operations Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $1,000,000 308,808 700,000 500,000 $ 200,000 $ 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics Sales Contribution margin ratio Fixed expenses $ 200,000 60% of sales $90,000 The company's minimum required rate of return is 15% Foundational 10-13 13. If the company pursues the investment opportunity and otherwise performs the same as last year, what residual income will it earn this year? Residual income Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,000,000 380,000 700,000 500,000 $ 200,000 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics Sales Contribution margin ratio Fixed expenses $ 200,000 60 X of sales $ 90,000 The company's minimum required rate of retum is 15% Foundational 10-6 6. What is the ROI related to this year's investment opportunity? (Do not round intermediate calculations. Round your answer nearest whole percent.) ROL %