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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	133,000		$	134,000
Accounts receivable		345,000			481,000
Inventory		576,000			485,000
Plant and equipment, net		856,000			850,000
Investment in Buisson, S.A.		404,000			428,000
Land (undeveloped)		254,000			252,000
Total assets	$	2,568,000		$	2,630,000
Liabilities and Stockholders' Equity
Accounts payable	$	384,000		$	345,000
Long-term debt		985,000			985,000
Stockholders' equity		1,199,000			1,300,000
Total liabilities and stockholders' equity	$	2,568,000		$	2,630,000

Joel de Paris, Inc. Income Statement
Sales					$	4,246,000
Operating expenses						3,524,180
Net operating income						721,820
Interest and taxes:
Interest expense	$	125,000
Tax expense		196,000				321,000
Net income					$	400,820

The company paid dividends of $299,820 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?