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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 $3,600,000; investment center income

Dartford Company reported the following financial data for one of its divisions for the year; average investment center total assets of $3,600,000; investment center income $625,000; a target income of 12% of average invested assets. The residual income for the division is:

$550,000.

$1,057,000.

$193,000.

$700,000.

$507,000.

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