Balance Sheet Beginning Ending Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A Land (undeveloped) Total assets Liabilities and Stockholders Equity Accounts Long-term debt Stockholders' equity Total liabilities and stockholders' equity $ 140,000 129,000 472,000 470,000 819,000 425,000 245,000 2,505,000 2,560,000 337,000 570,000 803,000 405,000 250,000 payable $ 371,000 330,000 1,049,000 ,085,0001,181,000 2,505,000 2,560,000 1,049,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income $ 4,862,000 4,132,700 729,300 Interest and taxes: Interest expense Tax expense 112,000 204,000 316,000 $ 413,300 Net income The company paid dividends of $317,300 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. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 1. Average operating assets424,500 2. Margin Turnover ROI 3. Residual income