Dallas Products is a division of a major corporation. The following data are for the most recent year of operations:

Sales	$	37,180,000
Net operating income	$	3,158,960
Average operating assets	$	8,700,000
The company's minimum required rate of return		15	%

The division's residual income is closest to:

Multiple Choice

$3,158,960

$4,463,960

$(3,377,840)

$1,853,960