Financial data for Joel de Paris, Inc., for last year follow: Assets Cash Accounts receivable Inventory Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance $ 132,000 $ 127,000 338,000 475,000 566,000 475,000 844,000 843,000 393,000 432,000 254,000 251,000 Plant and equipment, net 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 $ 2,527,000 $ 2,603,000 $ 377,000 983,000 1,167,000 350,000 983,000 1,270,000 $ 2,527,000 $ 2,603,000 Income Statement Sales Operating expenses Interest and taxes: Net operating income. Interest expense Joel de Paris, Inc. $ 3,990,000 3,431,400 558,600 Tax expense Net income $ 111,000 204,000 315,000 243,600 The company paid dividends of $140,600 last year. The "Investment in Bulsson, 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 3. ROI Residual income % 96