Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash $ 136,000 $ 136,000 Accounts receivable 342,000 482,000 Inventory 561,000 474,000 Plant and equipment, net 881,000 868,000 Investment in Buisson, S.A. 394,000 425,000 Land (undeveloped) 247,000 254,000 Total assets $2,561,000 $2,639,000 Liabilities and Stockholders' Equity Accounts payable $ 373,000 $ 339,000 Long-term debt 1,016,000 1,016,000 Stockholders' equity 1,172,000 1,284,000 Total liabilities and $2,561,000 $2,639,000 stockholders' equity Joel de Paris, Inc. Income Statement Sales $4,850,000 Operating 4,025,500 expenses Net operating 824,500 income Interest and taxes: Interest $117,000 expense Tax expense 206,000 323,000 Net income $ 501,500 The company paid dividends of $389,500 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. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual income last year? Average operating assets 2. Margin Turnover ROI 3. Residual income