[10 points] JEY-4496 Inc. reported the following data for last year: JEY-4496 Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash $ 127, 000 $ 135 , 000 Accounts receivable 330, 000 486, 000 Inventory 579, 000 472, 000 Plant and equipment, net 874, 000 857, 000 Investment in Tesla Inc. 398, 000 427, 000 Land ( undeveloped) 252, 000 254, 000 Total assets $ 2, 560,000 $ 2, 631, 000 Liabilities and Stockholders' Equity Accounts payable $ 383, 000 $ 330, 000 Long-term debt 994 , 000 994, 000 Stockholders' equity 1, 183, 000 1, 307, 000 Total liabilities and stockholders' equity $ 2, 560, 000 $ 2, 631, 000 JEY-4496 Inc. Income Statement Sales $ 5, 018, 000 Operating expenses 4, 164, 940 Net operating income 853, 060 Interest and taxes: Interest expense $ 111, 000 Tax expense 206, 000 317 , 000 Net income $ 536, 060 JEY-4496 Inc. paid dividends of $412,060 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? O $ 556,810 O $ 554,060 O $ 563,560 O $ 576,310