Financial data for Joel de Paris, Inc., for last year follow, Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash $ 132,000 $ 126,000 Accounts receivable 337,000 483.000 Inventory 577,000 486.000 Plant and equipment, net 824,000 815,000 Investment in Buisson, S.A. 396,000 434,000 Land (undeveloped) 251.000 252,000 Total assets $2,517,000 $2,596,000 Liabilities and Stockholders' Equity Accounts payable $ 378,000 $ 335,000 Long-term debt 961,000 961,000 Stockholders' equity 1,178,000 1,300,000 Total liabilities and $2,517,000 $2,596,000 stockholders' equity Joel de Paris, Inc. Income Statement Sales $4,725,000 Operating 4,063,500 expenses Net operating 661,500 income Interest and taxes: Interest $122,000 expense Tax 199,000 321,000 expense Net Income $ 340,500 The company paid dividends of $218.500 last year. The "Investment in Buisson, S.A." on the balance sheet represents an investment in the stock of another company. The company's minimum required rate of return of 15% Required: 1 Compute the company's average operating assets for last year. 2. Compute the company's margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover and "ROP" to 2 decimal places.) 3. What was the company's residual income last year? Average operating assets 2. Margin Turnover ROI 3. Residual income