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		$	137,000
Accounts receivable		339,000			486,000
Inventory		567,000			482,000
Plant and equipment, net		812,000			785,000
Investment in Buisson, S.A.		406,000			430,000
Land (undeveloped)		247,000			249,000
Total assets	$	2,503,000		$	2,569,000
Liabilities and Stockholders' Equity
Accounts payable	$	377,000		$	336,000
Long-term debt		978,000			978,000
Stockholders' equity		1,148,000			1,255,000
Total liabilities and stockholders' equity	$	2,503,000		$	2,569,000

Joel de Paris, Inc. Income Statement
Sales					$	3,927,000
Operating expenses						3,455,760
Net operating income						471,240
Interest and taxes:
Interest expense	$	126,000
Tax expense		204,000				330,000
Net income					$	141,240

The company paid dividends of $34,240 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?