JEY$-8466$ Inc. reported the following data for last year:$5$:$40$JEY$-8466$ Inc.Balance SheetBeginningBalanceEnding BalanceAssetsCash$ $136,000$$ $125,000$Accounts receivable$336,000478,000$Inventory$563,000489,000$Plant and equipment, net$845,000828,000$Investment in TeslaInc$\mathrm{.}403,000433,000$Land $($undeveloped$)250,000246,000$Total assets$ $2,533,000$$ $2,599,000$Liabilities and Stockholders'EquityAccounts payable$ $381,000$$ $344,000$Long$-$term debt$976,000976,000$Stockholders'equity$1,176,0001,279,000$Total liabilities and stockholders' equity$ $2,533,000$$ $2,599,000$JEY$-8466$ Inc.Income StatementSales$ $4,940,000$Operating expenses$4,248,400$Net operating income$691,600$Interest and taxes:Interest expense$ $124,000$Tax expense$193,000317,000$Net income$ $374,600$JEY$-8466$ Inc. paid dividends of $$271,600$ last year. The "Investment in Tesla Inc." item on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return is $15\%.$What was the company's residual income last year?