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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	130,000		$	138,000
Accounts receivable		336,000			485,000
Inventory		563,000			478,000
Plant and equipment, net		861,000			829,000
Investment in Buisson, S.A.		397,000			431,000
Land (undeveloped)		246,000			251,000
Total assets	$	2,533,000		$	2,612,000
Liabilities and Stockholders' Equity
Accounts payable	$	386,000		$	336,000
Long-term debt		986,000			986,000
Stockholders' equity		1,161,000			1,290,000
Total liabilities and stockholders' equity	$	2,533,000		$	2,612,000

Joel de Paris, Inc. Income Statement
Sales					$	4,584,000
Operating expenses						3,988,080
Net operating income						595,920
Interest and taxes:
Interest expense	$	115,000
Tax expense		204,000				319,000
Net income					$	276,920

The company paid dividends of $147,920 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?