Worsell Inc. reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $11,000,000 8,200,000 2,800,000 2,360,000 $ 440,000 $ 5,000,000 The company's minimum required rate of return is 10%. Last year's residual income was closest to: Multiple Choice O $440,000 O $490.000 O ($638,000) ($60,000)