Consider the following information for Benton Electronics:

A) Evaluate the company in terms of residual income (RI), which is equivalent to EVA since there are no adjustments for accounting distortions. (Enter negative answers preceding either - sign, e.g. -45 or in parentheses, e.g. (45).)

12/31/2017 12/31/2018 Total assets $12,826,000 $12,117,700 Noninterest-bearing current liabilities 555,300 618,000 Net income 778,800 918,170 332,600 Interest expense 2,343,500 Tax rate 40% 40% Required rate of return 10% 12% 2017 2018 Residual income