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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	129,000		$	136,000
Accounts receivable		343,000			474,000
Inventory		576,000			475,000
Plant and equipment, net		792,000			795,000
Investment in Buisson, S.A.		404,000			427,000
Land (undeveloped)		249,000			251,000
Total assets	$	2,493,000		$	2,558,000
Liabilities and Stockholders' Equity
Accounts payable	$	381,000		$	335,000
Long-term debt		957,000			957,000
Stockholders' equity		1,155,000			1,266,000
Total liabilities and stockholders' equity	$	2,493,000		$	2,558,000

Joel de Paris, Inc. Income Statement
Sales					$	5,208,000
Operating expenses						4,530,960
Net operating income						677,040
Interest and taxes:
Interest expense	$	128,000
Tax expense		209,000				337,000
Net income					$	340,040

The company paid dividends of $229,040 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?