Holo Company reported the following financial numbers for one of its divisions for the year; average assets of $5,820,000; sales of $5,395,000; cost of goods sold of $3,235,000; and operating expenses of $1,149,000. Assume a target income of 14% of average assets. Compute residual income for the division:

Assume a target income of 14% of average assets. Compute residual income for the division: Multiple Choice $141,540. $255,700. $141,587. $196,200. $101,100