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TB MC Qu. 10-115 (Static) Cabell Products is a division of a major... Cabell Products is a division of a major corporation. Last year the

TB MC Qu. 10-115 (Static) Cabell Products is a division of a major... Cabell Products is a division of a major corporation. Last year the division had total sales of $25,320,000, net operating income of $1,924,320, and average operating assets of $6,000,000. The company's minimum required rate of return is 10%. The division's residual income is closest to:

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