Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity $ 137,000 343,000 566, eee 804,000 395,000 253,000 $ 2,498,000 $ 132,000 488,000 478,000 792,000 426,000 250,000 $ 2,566,000 $ 381,000 1,047,000 1,070,000 $ 2,498,000 $ 342,000 1,047,000 1,177,000 $ 2,566,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 112,000 Tax expense 201, eee Net income $ 4,114,000 3,538, 040 575,960 313, eee 262,960 The company paid dividends of $155,960 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