Assets Cash reported the following data for last year: Balance Sheet Beginning Balance Ending Balance $139,000 $ 130,000 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 Total liabilities and stockholders' equity 331,000 577,000 873,000 404,0001 252,000 475,000 471,000 884,000 427,000 255,000 $2,576,000 $382,000 977,000 1,217,000 $2,576,000 $ 2,642,000 $ 343,000 977,000 1,322,000 $ 2,642,000 Income Statement Sales Operating expenses $ 4,656,000 4,050,720 Net operating income 605,280 Interest and taxes: $124,000 207,000 Interest expense Tax expenses Net income 331,000 $274,280 paid dividends of $169.280 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? $314.280 O$327.030 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 Total liabilities and stockholders' equity $ 139,000 331,000 577,000 $ 130,000 475,000 471,000 884,000 427,000 255,000 873,000 404,000 252,000 $2,576,000 $ 2,642,000 $382,000 977,000 1,217,000 $343,000 977,000 1,322,000 $ 2,576,000 $ 2,642,000 Incone Statement Sales Operating expenses Net operating income Interest and taxes: $124,000 207,000 Interest expense Tax expense Net incone $ 4,656,000 4,050,720 605,280 331,000 $274,280 paid dividends of $169,280 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$314,280 $327,030 O$307,530 O$304,780