Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash $ 135,000 129,000 334,000 566,000 815,000 402,000 251,000 Accounts receivable 475,000 471,000 815,000 427,000 248,000 Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) $ 2,503,000 2,565,000 Total assets Liabilities and StockholdersEquity $ 380,000 968,000 1,155, 000 337,000 968,000 1,260,000 Accounts payable Long-term debt Stockholders' equity $ 2,503,000 2,565,000 Total liabilities and stockholders' equity Joel de Paris, Inc. Income Statement Sales $ 4,675,000 3,927,000 748,000 Operating expenses Net operating income Interest and taxes: 129,000 203,000332,000 Interest expense Tax expense $416,000 Net income The company paid dividends of $311,000 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? 1. Average operating assets 2. Margin 0 0 Turnover ROI 0 0 3. Residual income