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16( Sheridan Company recorded the following operating data: Sales $1249800 486000 Contribution margin Total direct fixed costs 401200 Total operating assets Jan. 1, 2022 750700

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Sheridan Company recorded the following operating data: Sales $1249800 486000 Contribution margin Total direct fixed costs 401200 Total operating assets Jan. 1, 2022 750700 Total operating assets Dec. 31, 2022 790300 Sheridan Company's desired return 8% What is Sheridan Company's average operating assets for 2022? $99984 O $750700 O $790300 O $770500

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