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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	138,000		$	128,000
Accounts receivable		335,000			482,000
Inventory		568,000			486,000
Plant and equipment, net		859,000			844,000
Investment in Buisson, S.A.		393,000			432,000
Land (undeveloped)		251,000			253,000
Total assets	$	2,544,000		$	2,625,000
Liabilities and Stockholders' Equity
Accounts payable	$	372,000		$	331,000
Long-term debt		997,000			997,000
Stockholders' equity		1,175,000			1,297,000
Total liabilities and stockholders' equity	$	2,544,000		$	2,625,000

Joel de Paris, Inc. Income Statement
Sales					$	4,224,000
Operating expenses						3,717,120
Net operating income						506,880
Interest and taxes:
Interest expense	$	117,000
Tax expense		197,000				314,000
Net income					$	192,880

The company paid dividends of $70,880 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?