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Coronado Company recorded the following operating data: Sales $1248000 Contribution margin 488000 Total direct fixed costs 397000 Total operating assets Jan. 1, 2020 749000 Total

Coronado Company recorded the following operating data: Sales $1248000 Contribution margin 488000 Total direct fixed costs 397000 Total operating assets Jan. 1, 2020 749000 Total operating assets Dec. 31, 2020 791000 Coronado Company's desired return 13% What is Coronado Company's residual income

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