Financial data for Beaker Company for last year appear below:

Beaker Company

Statements of Financial Position

Beginning Balance Ending Balance

Assets:

Cash $ $266,000$ $ $725,370$

Accounts receivable $195,000138,000$

Inventory $328,000285,000$

Plant and equipment $($net$)475,000380,000$

Investment in Cedar Company $281,000333,000$

Land $($undeveloped$)194,000194,000$

Total assets $ $1,739,000$ $ $2,055,370$

Liabilities and owners' equity:

Accounts payable $ $170,000$ $ $226,000$

Long$-$term debt $846,000846,000$

Owners' equity $723,000983,370$

Total liabilities and owners' equity $ $1,739,000$ $ $2,055,370$

Beaker Company

Income Statement

Sales $ $2,390,000$

Less operating expenses $1,696,900$

Net operating income $693,100$

Less interest and taxes:

Interest expense $ $101,800$

Tax expense $207,930309,730$

Net income $ $383,370$

The company paid dividends of $$123,000$ last year. The "Investment in Cedar Company" on the statement of financial position represents an investment in the stock of another company.

Required:

Compute the company's margin, turnover, and return on investment for last year.

The Board of Directors of Beaker Company has set a minimum required return of $45\%.$ What was the company's residual income last year?