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Dartford Company reported the following financial data for one of its divisions for the year; average investment center total assets of $3,500,000; investment center income
Dartford Company reported the following financial data for one of its divisions for the year; average investment center total assets of $3,500,000; investment center income $610,000; a target income of 12% of average invested assets. The residual income for the division is:
$493,200.
$1,030,000.
$190,000.
$683,200.
$536,800.
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