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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	132,000		$	128,000
Accounts receivable		340,000			483,000
Inventory		576,000			476,000
Plant and equipment, net		792,000			793,000
Investment in Buisson, S.A.		400,000			430,000
Land (undeveloped)		248,000			251,000
Total assets	$	2,488,000		$	2,561,000
Liabilities and Stockholders' Equity
Accounts payable	$	373,000		$	346,000
Long-term debt		988,000			988,000
Stockholders' equity		1,127,000			1,227,000
Total liabilities and stockholders' equity	$	2,488,000		$	2,561,000

Joel de Paris, Inc. Income Statement
Sales					$	4,278,000
Operating expenses						3,593,520
Net operating income						684,480
Interest and taxes:
Interest expense	$	128,000
Tax expense		195,000				323,000
Net income					$	361,480

The company paid dividends of $261,480 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?