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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 $4,900,000; investment center income

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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 $4,900,000; investment center income $820,000; a target income of 12% of average invested assets. The residual income for the division is: Multiple Choice $721,500 $1,408,000 $232,000 $9+8.400 $721,600. 51,408,000. $232,000. $918,400. $686,400

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