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Coronado Industries had sales of $680000, variable costs of $295000, and direct fixed costs totaling $100000. The companys operating assets total $980000, and its required

Coronado Industries had sales of $680000, variable costs of $295000, and direct fixed costs totaling $100000. The companys operating assets total $980000, and its required return is 10%. How much is the residual income?

$197000

$187000

$582000

$98000

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