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 134,000 345,000 573,000 788,000 393,000 253,000 $ 2,486,000 $ 126,000 471,000 471,000 812,000 435,000 249,000 $ 2,564,000 $ 387,000 1,045,000 1,054,000 $ 2,486,000 $ 350,000 1,045,000 1,169,000 $ 2,564,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 122,000 Tax expense 205,000 Net income $ 4,650,000 4,092,000 558,000 327,000 231,000 $ The company paid dividends of $116,000 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