2 20 points 03:24:02 Lost Peak ski resort located in Montana caters to day skiers from nearby towns. Last year the company had net operating income of $490,000 on sales of $1,700,000. Lost Peak's average operating assets for the year were $1,900,000 and its minimum required rate of return was 11%. Required: Compute the company's residual income for the year. Skipped eBook Hint Print References Residual income