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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	128,000		$	133,000
Accounts receivable		336,000			473,000
Inventory		563,000			487,000
Plant and equipment, net		883,000			857,000
Investment in Buisson, S.A.		399,000			430,000
Land (undeveloped)		247,000			254,000
Total assets	$	2,556,000		$	2,634,000
Liabilities and Stockholders' Equity
Accounts payable	$	373,000		$	335,000
Long-term debt		962,000			962,000
Stockholders' equity		1,221,000			1,337,000
Total liabilities and stockholders' equity	$	2,556,000		$	2,634,000

Joel de Paris, Inc. Income Statement
Sales					$	5,018,000
Operating expenses						4,164,940
Net operating income						853,060
Interest and taxes:
Interest expense	$	125,000
Tax expense		198,000				323,000
Net income					$	530,060

The company paid dividends of $414,060 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?