Question: Sunlands Construction Company has set a 15% required minimum rate of return. The companys CFO is considering investing in a $144000 crane that is expected

Sunlands Construction Company has set a 15% required minimum rate of return. The companys CFO is considering investing in a $144000 crane that is expected to generate $32000 in additional operating income. What is the cranes residual income?

$3200

$10400

$16800

$21600

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