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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	137,000		$	136,000
Accounts receivable		348,000			471,000
Inventory		562,000			475,000
Plant and equipment, net		863,000			868,000
Investment in Buisson, S.A.		391,000			430,000
Land (undeveloped)		250,000			253,000
Total assets	$	2,551,000		$	2,633,000
Liabilities and Stockholders' Equity
Accounts payable	$	378,000		$	349,000
Long-term debt		997,000			997,000
Stockholders' equity		1,176,000			1,287,000
Total liabilities and stockholders' equity	$	2,551,000		$	2,633,000

Joel de Paris, Inc. Income Statement
Sales					$	4,632,000
Operating expenses						4,029,840
Net operating income						602,160
Interest and taxes:
Interest expense	$	120,000
Tax expense		203,000				323,000
Net income					$	279,160

The company paid dividends of $168,160 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?