Assets Cash Accounts receivable $ 151,000 370,000 611 000 $ 148,000 514,000 526.000 930,000 465,000 274,000 Inventory Plant and equipment, net Investment in Brier Company Land (undeveloped) 946,000 441,000 270,000 Total assets $2,789,000 $2,857,000 Liabilities and Stockholders Equity Accounts payable Long-term debt Stockholders' equity $ 375,000 1,058,000 1,424,000 $ 417000 1,058,000 1,314,000 Total liabilities and stockholders $2789,000 $2.857,000 equity Nex ( Prev 3 of 3 Oe search Sdved Stirling, Inc Income Statement 5,884,000 Sales 4,995,520 Operating expenses Net operating income Interest and taxes 888,480 Interest expense 166,000 240,000 406,000 xpense Net income $ 482.480 The company paid dividends of $264,480 last year. The "Investment in Brier Comp on the balance sheet represents an investment in the stock of another company Required: 1 Compute the comnanv's marcin tirnover And retirn on invectment RON fe 3 of 3 Prev search hp The company paid dividends of $264,480 last year. The "Investment in Brier Company" on the balance sheet represents an investment in the stock of another company Required: 1. Compute the company's margin, turnover, and return on investment (RO) for last year. (Do not round intermediate calculations. Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34)) Margin Turnover ROI % 2. The board of directors of Stirling. Inc., has set a minimum required return of 18 %. What was the company's residual income last year?