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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	127,000		$	128,000
Accounts receivable		335,000			479,000
Inventory		576,000			481,000
Plant and equipment, net		802,000			792,000
Investment in Buisson, S.A.		401,000			431,000
Land (undeveloped)		251,000			252,000
Total assets	$	2,492,000		$	2,563,000
Liabilities and Stockholders' Equity
Accounts payable	$	383,000		$	346,000
Long-term debt		1,017,000			1,017,000
Stockholders' equity		1,092,000			1,200,000
Total liabilities and stockholders' equity	$	2,492,000		$	2,563,000

Joel de Paris, Inc. Income Statement
Sales					$	4,464,000
Operating expenses						3,705,120
Net operating income						758,880
Interest and taxes:
Interest expense	$	115,000
Tax expense		200,000				315,000
Net income					$	443,880

The company paid dividends of $335,880 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?