Robichau Incorporated Reported the Following Results from Last Year's Operations

Multiple Choice

Robichau Incorporated reported the following results from last year's operations: At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics:
The company's minimum required rate of return is 20%.Last year's residual income was closest to:

A) $567,000
B) $597,000
C) ($33,000)
D) ($686,700)