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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	127,000		$	126,000
Accounts receivable		349,000			477,000
Inventory		570,000			473,000
Plant and equipment, net		864,000			874,000
Investment in Buisson, S.A.		408,000			429,000
Land (undeveloped)		253,000			254,000
Total assets	$	2,571,000		$	2,633,000
Liabilities and Stockholders' Equity
Accounts payable	$	376,000		$	340,000
Long-term debt		1,035,000			1,035,000
Stockholders' equity		1,160,000			1,258,000
Total liabilities and stockholders' equity	$	2,571,000		$	2,633,000

Joel de Paris, Inc. Income Statement
Sales					$	4,439,000
Operating expenses						3,728,760
Net operating income						710,240
Interest and taxes:
Interest expense	$	125,000
Tax expense		194,000				319,000
Net income					$	391,240

The company paid dividends of $293,240 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?