Perfect Products Provided the Following Selected Information About Its Consumer

Perfect Products provided the following selected information about its consumer products division for the current year:
Required:
Based on this information, calculate the company's investment amount. Round your answer to the nearest dollar. $$\begin{array} { | l | l r | } \hline \text { Desired ROI } & & 14 \% \\\hline \text { Net income } & \$ & 220,000 \\\hline \text { Residual income } & \$ & 15,000 \\\hline\end{array}$$

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Investment = (Net In...

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