Check my work 3 Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A Land (undeveloped) Total assets $ 138,000 137,000 473,000 488,000 852,000 429,000 252,000 $ 2,555,000 $2,631,000 10 points 348,000 575,000 849,000 397,000 248,000 eBook Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity S 376,000 345,000 1,007,000 1,007,000 Print 1 172,0001,279,00 $2,555,000 $2,631,000 References Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: 3,860,000 3,281,000 579,000 $ 119,000 Interest expense Tax expense 192,000311,000 Net income $ 268,000 The company paid dividends of $161,000 last year. The Investment in Buisson, SA," 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. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual income last year