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

The company paid dividends of $156,280 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?

Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash $ 126,000 $ 128,000 Accounts receivable 336,000 487,000 Inventory 563,000 478,000 Plant and equipment, net 895,000 867,000 Investment in Buisson, S.A. 398,000 432,000 Land (undeveloped) 252,000 246,000 Total assets $2,570,000 $2,638,000 Liabilities and Stockholders' Equity Accounts payable $ 389,000 $333,000 Long-term debt 1,030,000 1,030,000 Stockholders' equity 1,151,000 1,275,000 Total liabilities and $2,570,000 $2,638,000 stockholders' equity Joel de Paris, Inc. Income Statement Sales $4,656,000 Operating 4,050,720 expenses Net operating 605, 280 income Interest and taxes: Interest $119,000 expense Tax expense 206,000 325,000 Net income $ 280, 280