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 1iabilities and stockholders equity 331,000 560,000 911,000 405,000 254,000 $ 2,589,000 $ 128,000 130,000 477,000 474,000 889,000 431,000 224, 2,655,000 $ 371,000 340,000 967,000 1,251,000 ,348,000 $ 2,589,000 2,655,000 967,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: 4,095,000 3,357,900 737,100 $ 114,000 Interest expense Tax expense 197,000 311,000 $426,100 Net income The company paid dividends of $329,100 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 company's margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company's residual income last year? 1. Average operating assets 2. Margin Turnover ROI 3. Residual income