Financial data for Joel de Paris, Inc., for last year follow: Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance $ 135,000 $ 134,000 334,000 475,000 577,000 476,000 864,000 865,000 398,000 429,000 250,000 249,000 $2,558,000 $ 2,628,000 $ 386,000 $ 346,000 Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity 976,000 1,196,000 $ 2,558,000 976,000 1,306,000 $ 2,628,000 Sales Joel de Paris, Inc. Income Statement Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income $121,000 201,000 $ 4,439,000 3,728,760 710,240 322,000 $ 388,240 The company paid dividends of $278,240 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 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? 1. Average operating assets 2. Margin % Turnover 3. ROI Residual income %