Financial data for Joel de Paris, Inc., for last year follow: Assets Cash Accounts receivable Inventory Plant and equipment, net Joel de Paris, Inc. Balance Sheet Beginning Balance Investment in Buisson, S.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: Tax expense Net operating income Interest expense Net income $ 4,750,000 4,037,500 712,500 $ 114,000 200,000 $ 314,000 398,500 Ending Balance $ 134,000 $ 132,000 345,000 472,000 569,000 476,000 832,000 840,000 390,000 428,000 247,000 255,000 $ 2,517,000 $ 2,603,000 $ 376,000 $ 336,000 956,000 1,185,000 956,000 1,311,000 $ 2,517,000 $ 2,603,000 The company paid dividends of $272,500 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. (Round "Margin", "Turnover" and "ROI" 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