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-tern debt Stockholders' equity Total liabilities and stockholders' equity Joel de Paris, Incorporated Income Statement Beginning Balance $ 127,000 344,000 Ending Balance $ 128,000 475,000 565,000 794,000 397,000 246,000 $ 2,473,000 $ 378,000 973,000. 1,122,000 474,000 793,000 428,000 255,000 $ 2,553,000 $ 340,000 973,000 1,240,000 $ 2,473,000 $2,553,000 Sales Operating expenses Net operating income Interest and taxes: $125,000 192,000 Interest expense Tax expense Net incone $ 4,440,000 3,685,200 754,800 317,000 $ 437,800 The company paid dividends of $319,800 last year. The "Investment in Buisson, S.A..." on the balance sheet represents an investment 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. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual income last year