Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash Accounts receivable Inventory plant and equipment, net Investment in Buisson, S.A Land (undeveloped Total assets Liabilities and Stockholders Equity Accounts payable Long term debt Stookholdere equity Total liabilities and stookholders equity 126,000 340,000 578,000 826,000 405,000 253,000 129,000 472,000 470,000 839,000 433,000 245,000 2,528,000 5 2 ,588,000 $ 381,000 1,044,000 1,103,000 347,000 1,044,000 1,197,000 2,528,000 2,588,000 Joel de Paris, Inc. Income Statement 5,292,000 740 880 Sales Operating persee Not operating income Interest and taxe Interest pente Tax opere Not income 116,000 207.000 323000 The company paid dividends of $323.880 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 "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 110,000 207,000 323,000 Interest expense Tax expense Net income 417,880 The company paid dividends of $323,880 last year. The "Investment in B in the stock of another company. The company's minimum required rate Required: 1. Compute the company's average operating assets for last year. 2. Compute the company's margin, turnover, and return on investment (RC decimal places.) 3. What was the company's residual income last year? 2. Average operating assets Margin Turnover ROI 3. Residual income