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TB Problem Qu$.10-150($Static$)$ The Casket Division of Saal Corporation had...

The Casket Division of Saal Corporation had average operating assets of $$950,000$ and net operating income of $$135,200$ in January. The company uses residual income to evaluate the performance of its divisions, with a minimum required rate of return of $13\%.$

Required:

What was the Casket Division's residual income in January?