Assets: Cash Statements of Financial Position Accounts receivable Inventory Plant and equipment (net) Investment in Cedar Company Land (undeveloped) Total assets Liabilities and owners' equity: Accounts payable i Long-term debt Ovners' equity Total liabilities and owners' equity Sales Beaker Company Income Statement $ 2,440,000 2,074,000 Less operating expenses Net operating income) Less interest and taxes: Interest expense Tax expense Net incone 366,000 $102,000 139,080 241,080 $124,920 Beginning Balance Ending Balance $ 273,000 191,000 313,000 438,000 255,000 $ 336,920 200,000 251,000 398,000 277,000 305,000 305,000 $ 1,775,000 $ 192,000 839,000 744,000 $ 1,775,000 $ 1,767,920 $ 171,000 839,000 757,920 $1,767,920 The company paid dividends of $111,000 last year. The "Investment in Cedar Company" on the statement of financial position represents an investment in the stock of another company. Required: a. Compute the company's margin, turnover, and return on investment for last year. b. The Board of Directors of Beaker Company has set a minimum required return of 26%. What was the company's residual income last year? Complete this question by entering your answers in the tabs below. Required A Required B Compute the company's margin, turnover, and return on investment for last year. (Round your "Percentage" answers to 2 decimal places.) Margin Turnover Return on investment 15.00 % % Required A Required B > Complete this question by entering your answers in the tabs below. Required A Required B The Board of Directors of Beaker Company has set a minimum required return of 26%. What was the company's residual income last year? (Round your intermediate calculations and final answers to 2 decimal places.) Residual income