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 Stockholders' equity Total liabilities and stockholders' equity 136,000 334,000 575,000 845,000 409,000 252,000 $ 2,551,000 $ 134,000 488,000 472,000 836,000 427,000 250,000 $2,607,000 $ 379,000 985,000 1,187,000 $ 2,551,000 $ 331,000 985.000 1,291,000 $2,607,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 130,000 Tax expense 190,000 Net income $ 5,157,000 4,280, 310 876,690 320,000 556,690 $ The company paid dividends of $452,690 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? 1. 2. Average operating assets Margin Turnover ROI Residual income