Beginning Balance Ending Balance Assets Cash $ 133,000 $ 129,000 Accounts receivable 330,000 477,000 Inventory 575,000 476,000 Plant and equipment, net 822,000 818,000 Investment in Buisson, S.A. 398,000 434,000 Land (undeveloped) 255,000 246,000 Total assets $ 2,513,000 $ 2,580,000 Liabilities and Stockholders' Equity Accounts payable $ 387,000 $ 333,000 Long-term debt 1,004,000 1,004,000 Stockholders' equity 1,122,000 1,243,000 Total liabilities and stockholders' equity $ 2,513,000 $ 2,580,000 Joel de Paris, Incorporated Income Statement Sales $ 5,264,000 Operating expenses 4,632,320 Net operating income 631,680 Interest and taxes: Interest expense $ 121,000 Tax expense 192,000 313,000 Net income $ 318,680 The company paid dividends of $197,680 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 companys margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the companys residual income last year