JEY-5628 Inc. reported the following data for last year: JEY-5628 Inc. Balance Sheet Ending Balance Assets Cash $ 130,000 Accounts receivable. Inventory $ 125,000 333, 000 573,000 473,000 486, 000 Plant and equipment, net Investment in Tesla Inc. 869,000 851, 000 435,000 Land (undeveloped) 405,000 249,000 252, 000 Total assets $ 2,554,000 $ 2,627,000 Liabilities and Stockholders' Equity Accounts payable Long-term debt $ 389,000 1,033,000 1,132,000 $348,000 1,033, 000 1,246,000 Stockholders' equity Total liabilities and stockholders' equity $2,554, 000 $ 2,527,000 JEY-5628 Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: $ 3,840,000 3,379,200 460,800 Interest expense $ 129,000 Tax expense 200,000 329,000 $ 131,800 Net income JEY-5628 Inc. paid dividends of $17,800 last year. The "Investment in Tesla Inc." item on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return of 15%. What was the company's residual income last year? O$185,550 O$ 172,800 O$ 166,050 $163,300 Beginning Balance