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		$	132,000
Accounts receivable		343,000			489,000
Inventory		561,000			486,000
Plant and equipment, net		799,000			773,000
Investment in Buisson, S.A.		399,000			430,000
Land (undeveloped)		251,000			252,000
Total assets	$	2,490,000		$	2,562,000
Liabilities and Stockholders' Equity
Accounts payable	$	371,000		$	341,000
Long-term debt		1,011,000			1,011,000
Stockholders' equity		1,108,000			1,210,000
Total liabilities and stockholders' equity	$	2,490,000		$	2,562,000

Joel de Paris, Inc. Income Statement
Sales					$	4,278,000
Operating expenses						3,636,300
Net operating income						641,700
Interest and taxes:
Interest expense	$	118,000
Tax expense		209,000				327,000
Net income					$	314,700

The company paid dividends of $212,700 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:

1a. Compute the company's average operating assets for last year.

1b. Compute the companys margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.)

1c. What was the companys residual income last year?