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Wildhorse Corporation's Midwestern region operates as an investment center. Rich Ruhlman, the division's manager, has set a 15% required minimum rate of return. Ruhlman is

Wildhorse Corporation's Midwestern region operates as an investment center. Rich Ruhlman, the division's manager, has set a 15% required minimum rate of return. Ruhlman is considering investing in computerized manufacturing equipment with a cost of $242000. The equipment is expected to generate $67200 in additional operating income. What is the equipment's residual income? O $67200 O $36300 O $30900 O None of these answer choices are correctimage text in transcribed

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