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Haowen Ltd made sales of $1,193,469 and profit of $83,434, and had invested capital was $418,451 and the imputed interest rate is 8.7 per cent.

Haowen Ltd made sales of $1,193,469 and profit of $83,434, and had invested capital was $418,451 and the imputed interest rate is 8.7 per cent. Compute the residual income of Haowen for the year?

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