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

Joel de Paris, Inc. Balance Sheet
	Beginning Balance			Ending Balance
Assets
Cash	$	139,000		$	139,000
Accounts receivable		341,000			479,000
Inventory		570,000			470,000
Plant and equipment, net		820,000			822,000
Investment in Buisson, S.A.		395,000			426,000
Land (undeveloped)		254,000			249,000
Total assets	$	2,519,000		$	2,585,000
Liabilities and Stockholders' Equity
Accounts payable	$	377,000		$	342,000
Long-term debt		1,028,000			1,028,000
Stockholders' equity		1,114,000			1,215,000
Total liabilities and stockholders' equity	$	2,519,000		$	2,585,000

Joel de Paris, Inc. Income Statement
Sales					$	3,969,000
Operating expenses						3,413,340
Net operating income						555,660
Interest and taxes:
Interest expense	$	128,000
Tax expense		198,000				326,000
Net income					$	229,660

The company paid dividends of $128,660 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?

1.	Average operating assets
2.	Margin		%
	Turnover
	ROI		%
3.	Residual income