Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return The division's residual income is closest to: $ 36,880,000 $ 3,008,960 $ 8,400,000 $ 158 (2.5%) 1) $1,748,960 2) $4,268,960 3) $3,008,960 4) $(3,227,840)