Financial data for Beaker Company for last year appear below: Ending Balance Assets: Cash Accounts receivable Inventory Plant and equipment (net) Investment in Cedar Company Land (undeveloped) Total assets Beaker Company Statements of Financial Position Beginning Balance $ 335,000 157,000 232,000 448,000 268,000 317,000 $1,757,000 $ 94,220 197,000 284,000 468,000 349,000 317,000 $1,709, 220 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $ 157,000 812,000 788,000 $1,757,000 S 221,000 B12,000 676,220 $1,709, 220 $2,400,000 2,136,000 264,000 Beaker Company Income Statement Sales Less operating expenses Het operating income Less interest and taxes Interest expense $ 97,100 Tax expense 97,680 Net income 194, 780 69,220 S The company paid dividends of $181,000 last year. The "Investment in Cedar Company" on the statement of financial positi represents an investment in the stock of another company 97,680 Tax expense Net income 194,780 69,220 $ The company pald dividends of $181,000 last year. The "Investment in Cedar Company on the statement of financial position represents an investment in the stock of another company. 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 22%. What was the company's residual income year? Complete this question by entering your answers in the tabs below. Required A Required B Compute the company's margin, turnover, and return on investment for last year. (Round your "Percentage" answers to 2 decimal places. % Margin Turnover Return on investment 96 Required B $ 97,100 97,680 Interest expense Tax expense Net income 194,780 69,220 $ The company paid dividends of $181,000 last year. The "Investment in Cedar Company" on the statement of financi represents an investment in the stock of another company. 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 22%. What was the company's ro year? Complete this question by entering your answers in the tabs below. Required A Required B The Board of Directors of Beaker Company has set a minimum required return of 22%. What was the company's residual income last year? (Round your intermediate calculations and final answers to 2 decimal places.) Residual income