Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,160,000; sales of $4,585,000; cost of goods sold of $2,610,000; and operating expenses of $1,432,000. Assume a target income of 11% of average invested assets. Compute residual income for the division:
$42,900.
$217,250.
$59,730.
$85,400.
$95,400.