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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	126,000		$	126,000
Accounts receivable		330,000			486,000
Inventory		564,000			475,000
Plant and equipment, net		900,000			873,000
Investment in Buisson, S.A.		399,000			433,000
Land (undeveloped)		252,000			253,000
Total assets	$	2,571,000		$	2,646,000
Liabilities and Stockholders' Equity
Accounts payable	$	373,000		$	331,000
Long-term debt		993,000			993,000
Stockholders' equity		1,205,000			1,322,000
Total liabilities and stockholders' equity	$	2,571,000		$	2,646,000

Joel de Paris, Inc. Income Statement
Sales					$	5,044,000
Operating expenses						4,388,280
Net operating income						655,720
Interest and taxes:
Interest expense	$	128,000
Tax expense		203,000				331,000
Net income					$	324,720

The company paid dividends of $207,720 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?