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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	134,000		$	131,000
Accounts receivable		336,000			480,000
Inventory		570,000			480,000
Plant and equipment, net		810,000			799,000
Investment in Buisson, S.A.		390,000			434,000
Land (undeveloped)		247,000			254,000
Total assets	$	2,487,000		$	2,578,000
Liabilities and Stockholders' Equity
Accounts payable	$	383,000		$	337,000
Long-term debt		992,000			992,000
Stockholders' equity		1,112,000			1,249,000
Total liabilities and stockholders' equity	$	2,487,000		$	2,578,000

Joel de Paris, Inc. Income Statement
Sales					$	5,049,000
Operating expenses						4,342,140
Net operating income						706,860
Interest and taxes:
Interest expense	$	120,000
Tax expense		204,000				324,000
Net income					$	382,860

The company paid dividends of $245,860 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?