Financial data for Beaker Company for last year appear below caket Company of Financial Position einning Balance Ending Balance Assets Cash Accounts receivable Inventory plant and equipment (net) Investment in Cedar Company Land (undeveloped) Total assets 284,000 207,eee 307.000 483, 283,eee 242.ee $1,006,000 $ 529,144 147.000 229,00 432,000 304,000 242,000 $1,883,144 Llabilities and owners' equit Accounts payable Long-term debt Onersequity Total liabilities and owners' equit $ 194,000 863,000 156,000 363.000 863,000 749. $1,806,000 $1,383,144 Beaker Company Sales Less operating expenses Net operating income Less interest and taxes: Interest expense Tax expense Net Income The company paid dividends of $138,000 last year. The "Investment in Cedar Company on the statement of financial represents an investment in the stock of another company sition Beaker Company Income Statement Sales $2,540,000 1,981,280 558.800 Less operating expenses Net operating income Less interest and taxes: Interest expense Tax expense Net income $ 98,900 206,256 105.656 The company paid dividends of $138,000 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? 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 dedmal places.) Margin Turnover Return on investment Required B > Income Statement Sales Less operating expenses Net operating income Less interest and taxes: Interest expense $ 98,900 Tax expense 206, 756 Net income $2,540,000 1,981,200 558,800 305,656 253,144 $ The company paid dividends of $138,000 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? 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 38%. What was the company's residual Income last year? (Round your intermediate sculations and finanswers to decimal places Residual income