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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	125,000		$	129,000
Accounts receivable		348,000			478,000
Inventory		574,000			488,000
Plant and equipment, net		853,000			845,000
Investment in Buisson, S.A.		393,000			425,000
Land (undeveloped)		251,000			248,000
Total assets	$	2,544,000		$	2,613,000
Liabilities and Stockholders' Equity
Accounts payable	$	380,000		$	336,000
Long-term debt		987,000			987,000
Stockholders' equity		1,177,000			1,290,000
Total liabilities and stockholders' equity	$	2,544,000		$	2,613,000

Joel de Paris, Inc. Income Statement
Sales					$	4,416,000
Operating expenses						3,621,120
Net operating income						794,880
Interest and taxes:
Interest expense	$	128,000
Tax expense		197,000				325,000
Net income					$	469,880

The company paid dividends of $356,880 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?