FreesiaCompanyhas the following operating data for the past year:

Sales $796,000

Variable Cost $250,000

Fixed Cost $100,000

Minimum required rate of return 13%

Balance Sheet Data for beginning and end of year:

Assets Beginning Ending

Cash $5,000 $5,000

Accounts Receivable $35,000 $40,000

Inventory $90,000 $95,000

Net PP&E $100,000 $115,000

Land (held for future use) $40,000 $40,000

Investments in affiliates $5,000 $0

Total Assets $275,000 $295,000

Liabilities & SH Equity

Short Term Debt $22,000 $27,000

Long Term Debt $116,000 $117,000

Stockholder's Equity $137,000 $151,000

Total Liabilities and SH Equity $275,000 $295,000

Q:) FreesiaCompany's residual income for the past year is closest to: