Balance Balance Assets Cash $ 128,000 $ 138,000 Accounts receivable 340,000 489,000 Inventory 561,000 473,000 Plant and equipment, net 861,000 831,000 Investment in Buisson, S.A. 397,000 432,000 Land (undeveloped) 249,000 249,000 Total assets $2,535,000 $2,611,000 Liabilities and Stockholders' Equity Accounts payable $ 374,000 $ 334,000 Long-term debt 971, 000 971,000 Stockholders' equity 1,190,000 1,306,000 Total liabilities and stockholders' $2.535,000 $2,611,000 equity Joel de Paris, Inc. Income Statement Sales $4,202,000 Operating 3,487,660 expenses Net operating 714,340 income Interest and taxes: Interest $112,000 expense Tax expense 190,000 302,000 Net income $ 412,340 The company pald dividends of $296,340 last year. The "Investment In Bulsson, 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. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual Income last year? Average operating assets Margin 2. Turnover ROI Residual income