Question: The following is data for Cogswell Cogs: 2018 2019 Common stock equity, year-end 2017 6,900 Comprehensive income 1,550 1,700 Dividends Required return 150 180

The following is data for Cogswell Cogs: 2018 2019 Common stock equity,

The following is data for Cogswell Cogs: 2018 2019 Common stock equity, year-end 2017 6,900 Comprehensive income 1,550 1,700 Dividends Required return 150 180 15% What is residual income for 2018? Round your answer to the nearest dollar (no decimal points) Do not use the dollar sign.

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