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		$	129,000
Accounts receivable		346,000			489,000
Inventory		561,000			475,000
Plant and equipment, net		855,000			847,000
Investment in Buisson, S.A.		408,000			431,000
Land (undeveloped)		251,000			249,000
Total assets	$	2,559,000		$	2,620,000
Liabilities and Stockholders' Equity
Accounts payable	$	376,000		$	344,000
Long-term debt		988,000			988,000
Stockholders' equity		1,195,000			1,288,000
Total liabilities and stockholders' equity	$	2,559,000		$	2,620,000

Joel de Paris, Inc. Income Statement
Sales					$	5,184,000
Operating expenses						4,302,720
Net operating income						881,280
Interest and taxes:
Interest expense	$	122,000
Tax expense		202,000				324,000
Net income					$	557,280

The company paid dividends of $464,280 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.