Chatooga Company Provided the Following Selected Information About Its Consumer $\begin{array}{lc}\text { Desired ROI } & 8 \% \\\text { Net Income } & \$ 140,000 \\\text { Residual Income } & \$ 100,000\end{array}$

Multiple Choice

Chatooga Company provided the following selected information about its consumer products division for 2012: $\begin{array}{lc}\text { Desired ROI } & 8 \% \\\text { Net Income } & \$ 140,000 \\\text { Residual Income } & \$ 100,000\end{array}$ Based on this information, the division's investment amount (amount of operating assets) was

A) $500,000.
B) $1,200,000.
C) $1,240,000.
D) $160,000.