Financial data for Joel de Paris, Inc., for last year follow:

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	127,000		$	130,000
Accounts receivable		347,000			483,000
Inventory		565,000			479,000
Plant and equipment, net		811,000			798,000
Investment in Buisson, S.A.		398,000			432,000
Land (undeveloped)		247,000			249,000
Total assets	$	2,495,000		$	2,571,000
Liabilities and Stockholders' Equity
Accounts payable	$	374,000		$	335,000
Long-term debt		1,026,000			1,026,000
Stockholders' equity		1,095,000			1,210,000
Total liabilities and stockholders' equity	$	2,495,000		$	2,571,000

Joel de Paris, Inc. Income Statement
Sales					$	4,114,000
Operating expenses						3,579,180
Net operating income						534,820
Interest and taxes:
Interest expense	$	126,000
Tax expense		207,000				333,000
Net income					$	201,820

The company paid dividends of $86,820 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 companys margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.)

3. What was the companys residual income last year?