Financial data for Beaker Company for last year appear below: 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 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity Beaker Company Income Statement $ 356,000 $318,575 143,000 179,000 284,000 259,000 467,000 445,000 238,000 326,000 278,000 278,000 $1,766,000 $ 1,805,575 $ 227,000 813,000 726,000 $1,766,000 $ 179,000 813,000 813,575) $ 1,805,575 Sales Less operating expenses Net operating income Less interest and taxes: Interest expense Tax expense Net income $ 2,350,000 1,856,500 493,500 101,200 172,725 273,925 $219,575 The company paid dividends of $132,000 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 38%. What was the company's residual income last year