Juniper Design Ltd. of Manchester, England, is a company specializing in providing design services to residential developers. Last year the company had net operating income of $490,000 on sales of $1,500,000. The companys average operating assets for the year were $1,700,000 and its minimum required rate of return was 16%. Required: Compute the companys residual income for the year.

Average operating assets ???

net oiperating income ???

Minimum required Retnum ???

Residual Income ???