Beaker Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash Accounts receivable Inventory Plant and equipment (net) Investment in Cedar Company Land (undeveloped) Total assets $ 341,000 188,000 260,000 448,000 315,000 301,000 $1,853,000 $ 336,590 192,000 251,000 385,000 257,000 301,000 $1,722,590 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $ 203,000 892,000 758,000 $1,853,000 $ 206,000 892,000 624,590 $1,722,590 Beaker Company Income Statement Sales Less operating expenses Net operating income Less interest and taxes: Interest expense $ 99,200 Tax expense 78,960 Net income $2,350,000 2,103, 250 246,750 178,160 68,590 $ The company paid dividends of $202,000 last year. The "Investment in Cedar Company" on the statement of financial position represents an investment in the stock of another company. stment in $2007:06 Onlast year. The "investment in Cedar Compa 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 18%. What was the company's residual income last year? Required A Required B Compute the company's margin, turnover, and return decimal places.) Margin Turnover Return on investment Required A Required B The Board of Directors of Beaker Company has set ar income last year? (Round your intermediate calculatio Residual income