Financial data for Joel de Paris, Inc. for last year follow. Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash $ 139,000 $ 129,000 Accounts receivable 336,000 473, Inventory 571,080 485,000 Plant and equipment, net 794,000 793, 000 Investment in Buisson, S.A. 406,000 429,000 Land (undeveloped) 246,000 248,000 Total assets $2,492,000 $2,557,000 Liabilities and Stockholders' Equity Accounts payable $385,898 $ 342,000 Long-term debt 1.013,000 1,013,000 Stockholders' equity 1,094,000 1,282,000 Total liabilities and stockholders' equity $2,492,000 $2,557,000 Joel de Paris, Inc. Income Statement Sales $5,208,000 Operating 4,322,640 expenses Net operating 885,360 income Interest and taxes: Interest $111.000 expense Tax expense 191,080 302,000 Net income $ 583,360 The company paid dividends of $475,360 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? Average operating 1. assets 2. Margin Turnover ROI 3. Residual income 17.00% %