BRIDGER INC. Balance Sheet Ending Balance Beginning Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Brier Company Land (undeveloped) $ 166,000 500,000 510,000 854,000 610,000 430,000 $ 161,000 360,000 570,000 879,000 580,000 430,000 Total assets $3,070,000 $2,980,000 Liabilities and Shareholders' Equity Accounts payable Long-term debt Shareholders' equity $ 430,000 1,200,000 1,440,000 $ 470,000 1,200,000 1,310,000 Total liabilities and shareholders' equity $3,070,000 $2,980,000 BRIDGER INC. Income Statement Sales Operating expenses $4,200,000 3,738,000 462,000 Operating income Interest and taxes: Interest expense Tax expense $105,000 150,000 255,000 Net income $ 207,000 The company paid dividends of $102,000 last year. The "Investment in Brier Company" on the balance sheet represents an investment in the common shares of another company. Required: 1. Compute the company's margin, turnover, and ROI for last year. (Round your intermediate calculations and final answers to 1 decimal place.) Margin Turnover ROI Required: 1. Compute the company's margin, turnover, and ROI for last year. (Round your intermediate calculations and final answers to 1 decimal place.) % Margin Turnover ROI % 2. The board of directors of Bridger Inc. has set a minimum required return of 16%. What was the company's residual income last year? Residual income