Financial data for Bridger, Inc., for last year are as follows:

Bridger, Inc. Balance Sheet
	Beginning Balance		Ending Balance
Assets
Cash	$	132,000	$	128,000
Accounts receivable		347,000		485,000
Inventory		576,000		487,000
Plant and equipment, net		855,000		850,000
Investment in Brier Company		399,000		426,000
Land (undeveloped)		247,000		251,000
Total assets	$	2,556,000	$	2,627,000
Liabilities and Stockholders' Equity
Accounts payable	$	385,000	$	336,000
Long-term debt		1,019,000		1,019,000
Stockholders' equity		1,152,000		1,272,000
Total liabilities and stockholders' equity	$	2,556,000	$	2,627,000

Bridger, Inc. Income Statement
Sales		$	5,018,000
Operating expenses			4,164,940
Net operating income			853,060
Interest and taxes:
Interest expense	$ 119,000
Tax expense	208,000		327,000
Net income		$	526,060

The company paid dividends of $406,060 last year. The Investment in Brier Company on the balance sheet represents an investment in the stock of another company.

Required:
1.	Compute the companys margin, turnover, and return on investment (ROI) for last year. (Round your intermediate calculations and final answers to 1 decimal place.)

Margin	%
Turnover
ROI	%

2.	The board of directors of Bridger, Inc., has set a minimum required return of 19%. What was the companys residual income last year?

Residual income

$