Determine the February 20xx Residual Income for an Investment Center

Multiple Choice

Determine the February 20xx residual income for an investment center with the following information: $\begin{array}{lr}\text { Operating income for the month ended February } 28,20 \mathrm{xx} & \$ 1,800,000 \\\text { Desired ROI } & 52 \% \\\text { Actual ROI } & 38 \% \\\text { Assets invested } & \$ 18,200,000\end{array}$

A) ($5,116,000)
B) ($6,936,000)
C) ($7,664,000)
D) ($9,484,000)