Financial data for Beaker Company for last year appear below:

Beaker Company
Statements of Financial Position
	Beginning Balance			Ending Balance
Assets:
Cash	$	271,000		$	326,100
Accounts receivable		168,000			198,000
Inventory		248,000			292,000
Plant and equipment (net)		490,000			424,000
Investment in Cedar Company		260,000			339,000
Land (undeveloped)		330,000			330,000
Total assets	$	1,767,000		$	1,909,100
Liabilities and owners' equity:
Accounts payable	$	176,000		$	228,000
Long-term debt		862,000			862,000
Owners' equity		729,000			819,100
Total liabilities and owners' equity	$	1,767,000		$	1,909,100

Beaker Company
Income Statement
Sales				$	2,440,000
Less operating expenses					1,952,000
Net operating income					488,000
Less interest and taxes:
Interest expense	$	99,500
Tax expense		146,400			245,900
Net income				$	242,100

The company paid dividends of $152,000 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 35%. What was the company's residual income last year?