JEY-5658 Inc. reported the following data for last year: JEY-5658 Inc. Balance Sheet Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Tesla Inc. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Beginning Balance $ 132,000 336,000 576,000 Ending Balance $ 137,000 485,000 490,000 768,000 426,000 796,000 405,000 247,000 $ 2,492,000 $ 389,000 968,000 1,135,000 245,000 $ 2,551,000 $ 347,000 968,000 1,236,000 Total liabilities and stockholders' equity $ 2,492,000 $ 2,551,000 Sales JEY-5658 Inc. Income Statement $ 3,906,000 Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income $ 128,000 205,000 3,281,040 624,960 333,000 $ 291,960 JEY-5658 Inc. paid dividends of $190,960 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? $336,460 $339,210 $ 358,710 $ 345,960