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: $\begin{array}{|l|l|}\hline \text { Operating income for the month ended February } 28,20 \mathrm{xx} & \$ 2,900,000 \\\hline \text { Desired ROI } & 52 \% \\\hline \text { Actual ROI } & 38 \% \\\hline \text { Assetsinvested } & \$ 18,200,000 \\\hline\end{array}$

A) ($4,016,000)
B) ($5,836,000)
C) ($6,564,000)
D) ($8,384,000)