Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity $ 137,000 338,000 569,000 846,000 399,000 245,000 $ 2,534,000 $ 127,000 479,000 482,000 842,000 429,000 253,000 $ 2,612,000 $ 379,000 971,000 1,184,000 $ 2,534,000 $ 333,000 971,000 1,308,000 $ 2,612,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 123,000 Tax expense 209,000 Net income $ 4,775,000 4, 106,500 668,500 332,000 $ 336,500 The company paid dividends of $212,500 last year. The Investment in Buisson, S.A.," on the balance sheet represents an investment n the stock of another company. The company's minimum required rate of return of 15%. Required: 1. Compute the company's average operating assets for last year. 2. Compute the company's margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 1. Average operating assets 2. Margin 2. Turnover % 2. ROI % 3. Residual income