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 $1.600.000. The company's average operating assets for the year were $1 800,000 and its minimum required rate of return was 14% Required: Compute the company's residual income for the year. Average operating assets Net operating income Minimum required return Residual income