One division of the Marvin Educational Enterprises has depreciable assets costing $4,000,000. The cash flows from these assets for the past three years have been:

Year		Cash flows
1		$	1,200,000
2		$	1,400,000
3		$	1,620,000

Marvin used the straight-line depreciation method and the estimated useful life is 10 years with no salvage value. For return on investment (ROI) calculations, Marvin uses end-of-year balances.

What is the residual income for each year, assuming the cost of capital is 15% and Marvin uses historical costs and net book values to compute residual income?