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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	138,000		$	127,000
Accounts receivable		334,000			471,000
Inventory		561,000			477,000
Plant and equipment, net		867,000			865,000
Investment in Buisson, S.A.		398,000			427,000
Land (undeveloped)		252,000			254,000
Total assets	$	2,550,000		$	2,621,000
Liabilities and Stockholders' Equity
Accounts payable	$	389,000		$	339,000
Long-term debt		1,025,000			1,025,000
Stockholders' equity		1,136,000			1,257,000
Total liabilities and stockholders' equity	$	2,550,000		$	2,621,000

Joel de Paris, Inc. Income Statement
Sales					$	4,608,000
Operating expenses						4,008,960
Net operating income						599,040
Interest and taxes:
Interest expense	$	110,000
Tax expense		198,000				308,000
Net income					$	291,040

The company paid dividends of $170,040 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?

1. Average operating assets = ? 2. Margin = ? % Turnover = ROI = ? % 3. Residual income = ?