Financial data for Joel de Paris, Inc., for last year follow: Assets Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance $ 134,000 $ 134,000 Cash Accounts receivable Inventory 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 332,000 573,000 861,000 405,000 252,000 $ 2,557,000 $ 385,000 1,025,000 1,147,000 480,000 486,000 840,000 432,000 247,000 $ 2,619,000 $ 345,000 1,025,000 1,249,000 $ 2,557,000 $ 2,619,000 Sales Joel de Paris, Inc. Income Statement Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income $ 4,608,000 4,055,040 552,960 $ 129,000 192,000 321,000 $ 231,960 The company paid dividends of $129,960 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?