Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending 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 $ 140, eee 348,00 566,000 786, see 488,00 252, eee $ 2,500,000 $ 128,eee 476,000 479,000 797,eee 429, eee 252,000 $ 2,561, eee $ 386, 1,026, eee 1,088, see $ 2,500, eee $ 344, see 1,026,eee 1,191,wee $ 2,561,eee Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 129,00 Tax expense 201,200 Net income $ 5,222,890 4,369,140 652,860 338,888 322,860 $ The company paid dividends of $219,860 last year. The "Investment in Bulsson, 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 "Mergin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 1. 2. 96 Average operating assets Margin Turnover ROI 96 3. Residual income