Garcia Company Reports the Following Information What Is the Residual Income for Garcia Company?
A) $30,000

Garcia Company reports the following information:
$\begin{array}{ll}\text { Net operating income after taxes } & \$ 100,000 \\\text { Before-tax operating income } & \$ 300,000 \\\text { Average invested capital } & \$ 500,000 \\\text { After-tax cost of capital } & 10 \%\end{array}$
What is the residual income for Garcia Company?

A) $30,000
B) $50,000
C) $250,000
D) $450,000