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 $ 284,000 207,000 307,000 483,000 283,000 242,000 $1,806,000 $ 529,144 147,000 229,000 432,000 304,000 242,000 $1,883,144 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $ 194,000 863,000 749,000 $1,806,000 $ 156,000 863,000 864,144 $1,883,144 Beaker Company 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 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 Required A Required B > 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 calculations and final answers to 2 decimal places.) Residual income