Assets Cash Accounts receivable Inventory Plant and equipment, net Joel de Paris, Incorporated Balance Sheet Beginning Balance Ending Balance $132,000 $ 137,000 334,000 489,000 $65,000 486,000 819,000 778,000 399,000 429,000 253,000 248,000 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. Sales Joel de Paris, Incorporated Income Statement Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income $122,000 194,000 $ 4,114,000 3,414,620 699,380 316,000 $ 383,380 $ 2,502,000 $384,000 981,000 1,137,000 $ 2,567,000 $336,000 981,000 1,250,000 $ 2,502,000 $ 2,567,000 The company paid dividends of $270,380 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?