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Brlef Exerclse 19-18 (Algo) Foreman Publlshing Company's Income for the... [LO 19-2] Foreman Publishing Company's income for the most recent quarter was $560,000, and the

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Brlef Exerclse 19-18 (Algo) Foreman Publlshing Company's Income for the... [LO 19-2] Foreman Publishing Company's income for the most recent quarter was $560,000, and the average net book value (NBV) of assets during the quarter was $1.62 million. If the company has a required rate of return of 15% on investment, what was the residual income (RI) for the quarter? (Enter answer In whole dollers.)

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