Financial data for Joel de Paris, Inc. for last year follow. Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets $ 127,000 $ 137.000 Mccounts receivable 339,000 484.000 Inventory 578,000 483.000 plant and equipment, net 856,000 36.000 Investment in Buisson, S.A. 397,000 431.000 Land (undeveloped) 253,000 251,000 Total assets $2,550,000 $2,622,000 Liabilities and Stockholders' Equity Accounts payable $ 383,000 $ 335.000 Long-term debt 955,000 955,000 Stockholders' equity 1,212,000 1,332,000 Total 1 abilities and $2,550,000 $2,622,000 stockholders equity Joel de Paris, Inc. Income statement $4,992,000 Operating 4,243,200 expenses 748,800 operating income Interest and taxes Interest $119,000 expense Tax expense 198,000 Net Income 317,000 431,800 $ The company paid dividends of $311,800 last year. The "Investment in Buisson SA 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 (Ron for last year. (Round "Margin", "Turnover" and "RO" to 2 decimal places.) 3. What was the company's residual Income last year