Shrewsbury Inc. reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $7,200,000 5,400,000 1,800,000 1,296,000 $ 504,000 $4,000,000 At the beginning of this year, the company has a $800,000 investment opportunity with the following characteristics: $2,480,000 Sales Contribution margin ratio Fixed expenses 40% of sales $868,000 The company's minimum required rate of return is 14%. The residual income for this year's investment opportunity when considered alone is closest to