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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	130,000		$	128,000
Accounts receivable		341,000			473,000
Inventory		569,000			474,000
Plant and equipment, net		880,000			885,000
Investment in Buisson, S.A.		401,000			426,000
Land (undeveloped)		252,000			248,000
Total assets	$	2,573,000		$	2,634,000
Liabilities and Stockholders' Equity
Accounts payable	$	389,000		$	334,000
Long-term debt		1,014,000			1,014,000
Stockholders' equity		1,170,000			1,286,000
Total liabilities and stockholders' equity	$	2,573,000		$	2,634,000

Joel de Paris, Inc. Income Statement
Sales					$	5,432,000
Operating expenses						4,508,560
Net operating income						923,440
Interest and taxes:
Interest expense	$	126,000
Tax expense		193,000				319,000
Net income					$	604,440

The company paid dividends of $488,440 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?