Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position. 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 Sales Less operating expenses Net operating income Less interest and taxes: Interest expense Tax expense Net income $ 93,800 115,255 $ 1,780,000 1,450,700 329,300 209,055 $ 120,245 Beginning Balance Ending Balance $ 246,245 164,000 256,000 453,000 312,000 300,000 $1,731,245 $308,000 131,000 325,000 460,000 243,000 300,000 $ 1,767,000 $ 168,000 809,000 790,000 $ 1,767,000 $ 145,000 809,000 777,245 $1,731,245 The company paid dividends of $133,000 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 25% What was the company's residual income last year?