Calculate the residual income assuming the following information: 
Definitions:
Straight Line
A direct path that connects two points and has the shortest distance between them.
Constant Rate
A fixed rate at which something occurs or is applied.
Term Papers
Research papers written by students over an academic term, accounting for a large part of a grade.
Specialization And Trade
The economic practice where individuals or entities focus on a narrow area of expertise to increase efficiency and trade with others for different goods or services.
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