13. Cabal Products is a division of a major corporation. Last year the division had total sales of $13,420,000, net operating income of $1,261,480, and average operating assets of $2,684,000. The company's minimum required rate of return is 15%.

The division's residual income is closest to:

A. $1,261,480

B. $858,880

C. $(805,200)

D. $1,664,080