Carter Company reported the following financial numbers for one of its divisions for the year; average assets of $4,100,000; sales of $4,525,000; cost of goods sold of $2,550,000; and operating expenses of $1,372,300. Assume a target income of 10% of average assets. Compute residual income for the division: Multiple Choice $203,000. $192,700. $150,500. $60,300. $197,500