Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Tesla Inc.. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Beginning Balance $ 130,000 335,000 560,000 815,000 392,000 248,000 $ 2,480,000 $ 381,000 1,015,000 1,084,000 Ending Balance $ 136,000 477,000 489,000 778,000 430,000 248,000 $ 2,558,000 $339,000 1,015,000 1,204,000 Total liabilities and stockholders' equity $ 2,480,000 $ 2,558,000 Inc. Income Statement Sales Operating expenses Net operating income $ 4,092,000 3,478,200 613,800 Interest and taxes: $129,000 204,000 333,000 $ 280,800 Interest expense Tax expense Net income Inc. paid dividends of $160,800 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? $325,300 $ 328,050 $ 347,550 $334,800