1 01:38:32 Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Tesla Inc. Land (undeveloped) Total assets JEY-5549 Inc. Balance Sheet Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity Beginning Balance $ 129,000 345,000 573,000 803,000 394,000 254,000 $ 2,498,000 $ 387,000 1,045,000 1,066,000 Ending Balance $ 131,000 472,000 489,000 798,000 429,000 254,000 $ 2,573,000 $335,000 1,045,000 1,193,000 Help Save & Exit Submit chi $ 2,498,000 $ 2,573,000 chat Sales Operating expenses JEY-5549 Inc. Income Statement $ 4,862,000 4,084,080 Net operating income 777,920 Interest and taxes: $ 110,000 205,000 315,000 $ 462,920 Interest expense Tax expense Net income JEY-5549 Inc. paid dividends of $335,920 last year. The "Investment in Tesla Inc." item on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return is 15%. What was the company's residual income last year? ahui a).pdf creen SH