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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	129,000		$	138,000
Accounts receivable		345,000			488,000
Inventory		562,000			475,000
Plant and equipment, net		834,000			809,000
Investment in Buisson, S.A.		409,000			427,000
Land (undeveloped)		251,000			252,000
Total assets	$	2,530,000		$	2,589,000
Liabilities and Stockholders' Equity
Accounts payable	$	383,000		$	333,000
Long-term debt		1,039,000			1,039,000
Stockholders' equity		1,108,000			1,217,000
Total liabilities and stockholders' equity	$	2,530,000		$	2,589,000

Joel de Paris, Inc. Income Statement
Sales					$	4,158,000
Operating expenses						3,617,460
Net operating income						540,540
Interest and taxes:
Interest expense	$	112,000
Tax expense		196,000				308,000
Net income					$	232,540

The company paid dividends of $123,540 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?