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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	138,000		$	136,000
Accounts receivable		330,000			486,000
Inventory		570,000			478,000
Plant and equipment, net		862,000			840,000
Investment in Buisson, S.A.		396,000			429,000
Land (undeveloped)		249,000			251,000
Total assets	$	2,545,000		$	2,620,000
Liabilities and Stockholders' Equity
Accounts payable	$	379,000		$	341,000
Long-term debt		963,000			963,000
Stockholders' equity		1,203,000			1,316,000
Total liabilities and stockholders' equity	$	2,545,000		$	2,620,000

Joel de Paris, Inc. Income Statement
Sales					$	5,376,000
Operating expenses						4,730,880
Net operating income						645,120
Interest and taxes:
Interest expense	$	119,000
Tax expense		202,000				321,000
Net income					$	324,120

The company paid dividends of $211,120 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?