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Vaughn Company recorded the following operating data: Sales $1258000 Contribution margin 481000 Total direct fixed costs 398000 Total operating assets Jan. 1, 2022 747000 Total

Vaughn Company recorded the following operating data: Sales $1258000 Contribution margin 481000 Total direct fixed costs 398000 Total operating assets Jan. 1, 2022 747000 Total operating assets Dec. 31, 2022 791000 Vaughn Companys desired return 12% What is Vaughn Companys residual income?

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