Holo Company reported the following financial numbers for one of its divisions for the year, average assets of $$5,800,000$; sales of $$5,375,000$; cost of goods sold of $$3,225,000$; and operating expenses of $$1,146,600.$ Assume a target income of $15\%$ of average assets. Compute residual income for the division:

Multiple Cholce

$$150,450.$

$$196,750.$

$$150,500$

$$133,400$