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Brief Exercise 19-18 (Algo) Foreman Publishing Company's income for the... [LO 19-2] Foreman Publishing Company's income for the most recent quarter was $530,000, and the

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Brief Exercise 19-18 (Algo) Foreman Publishing Company's income for the... [LO 19-2] Foreman Publishing Company's income for the most recent quarter was $530,000, and the average net book value (NEV) of assets during the quarter was $1.56 million. If the company has a required rate of return of 15% on investment, what was the residual income (Ri) for the quaner? (Enter answer in whole dollars.)

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