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 Beginning Ending Balance Balance $ 131,000 $ 132,000 340,000 485,000 567,000 478,000 802,000 785,000 407,000 429,000 249,000 253,000 $ 2,496,000 $ 2,562,000 $ 388,000 $ 339,000 967,000 1,141,000 967,000 1,256,000 $ 2,496,000 $ 2,562,000 Joel de Paris, Inc. Income Statement Sales $ 4,650,000 Operating expenses 3,859,500 Interest and taxes: Tax expense Net operating income Interest expense Net income 790,500 $ 123,000 205,000 328,000 $ 462,500 The company paid dividends of $347,500 last year. The "Investment in Buisson, S.A.," on the balance sheet represents ar investr in 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" decimal places.) 3. What was the company's residual income last year? 1. Average operating assets 2. Margin % Turnover 3. ROI Residual income %