Financial data for Joel de Paris Inc. for last year follow: JOEL DE PARIS INC. Balance Sheet Ending Balance Beginning Balance Assets Cash $ 500,000 $ 750,000 Accounts receivable 1,500,000 1,750,000 Inventory 1,000,000 1,000,000 Plant and equipment, net 2,000,000 1,500,000 Investment in Buisson, S.A. 510,000 470,000 Land (undeveloped) 310,000 340,000 Total assets $ 5,820,000 $ 5,810,000 Liabilities and Shareholders Equity Accounts payable $ 984,000 $ 1,070,000 Long-term debt 3,936,000 4,280,000 Shareholders equity 900,000 460,000 Total liabilities and shareholders equity $ 5,820,000 $ 5,810,000 JOEL DE PARIS INC. Income Statement Sales $ 8,500,000 Less: Operating expenses 7,225,000 Net operating income 1,275,000 Less: Interest and taxes: Interest expense $ 468,000 Tax expense 342,000 810,000 Net income $ 465,000 The company paid dividends of $25,000 last year. The Investment in Buisson, S.A. on the balance sheet represents an investment in the shares of another company. Required: 1. Compute the companys margin, turnover, and ROI for last year. (Do not round intermediate calculations. Round your answers to 2 decimal place.) 2. The board of directors of Joel de Paris Inc. has set a minimum required return of 20%. What was the companys residual income last year?