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 $ 130,000 $ 137,000 341,000 472,000 568,000 472,000 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 831,000 829,000 404,000 433,000 247,000 255,000 $ 2,521,000 $2,598,000 $ 377,000 $335,000 1,041,000 1,103,000 1,041,000. 1,222,000 $ 2,521,000 $ 2,598,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Interest and taxes: Tax expense Net operating income Interest expense Net income $4,347,000 3,608,010 738,990 $114,000 200,000 314,000 $424,990 The company paid dividends of $305,990 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%. The company paid dividends of $305,990 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. Average operating assets 2. Margin % Turnover 3. ROI Residual income %