Westerville Company reported the following results from last year's operations: Sales $1,800,e00 Variable expenses Contribution margin Fixed expenses 435,000 1,365,000 1,005,000 $ 360,000 Net operating income Average operating $1,200,000 assets At the beginning of this year, the company has a $300,000 investment opportunity with the following cost and revenue characteristics: Sales $360,000 Contribution margin 70% of sales ratio Fixed expenses $216,000 The company's minimum required rate of return is 10 % . 12. What is the residual income of this year's investment opportunity? Residual income