Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, 5.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders equity Total liabilities and stockholders' equity Joel de Paris, Inc. Income Statement Sales Operating expenses Interest and taxes: Net operating income Interest expense Tax expense Net Income $ 5,264,000 4,421,760 842,240 $124,000 209,000 $ 333,000 509,240 Beginning Balance Ending Balance $ 126,000 $ 139,000 331,000 477,000 560,000 489,000 835,000 795,000 404,000 425,000 247,000 252,000 $ 2,511,000 $2,577,000 $ 375,000 $ 334,000 973,000 1,163,000 $ 2,511,000 973,000 1,270,000 $2,577,000 The company paid dividends of $402.240 last year. The "Investment in Buisson, SA" 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. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual income last year? Average operating assots Margin Sales Income Statement $ 5,264,000 4,421,760 Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income 842,240 $ 124,000 209,000 333,000 509,240 The company paid dividends of $402,240 last year. The "Investment in Buisson, S.A.." on the balance s 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. (Do not roun round your final answers to 2 decimal places.) 3. What was the company's residual income last year? 1. Average operating assets 2. Margin Turnover ROI 3. Residual income % %