Dartford Company reported the following financial data for one of its divisions for the year; average investment center total assets of $4,100,000; investment center income $700,000; a target income of 12% of average invested assets. The residual income for the division is:

Multiple Choice

• $616,000.

• $1,192,000.

• $208,000.

• $784,000.

• $576,000.