Robichau Inc

Multiple Choice

Robichau Inc. 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%.
-The residual income for this year's investment opportunity when considered alone is closest to:

A) $0
B) $179,100
C) $153,000
D) ($27,000)