Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity $ 137,000 349,000 575,000 809,000 405,000 255,000 $ 2,530,000 Ending Balance $ 130,000 479,000 490,000 811,000 427,000 247,000 $ 372,000 1,021,000 1,137,000 $ 2,530,000 $ 2,584,000 $ 335,000 1,021,000 1,228,000 $ 2,584,000 Joel de Paris, Incorporated Income Statement Sales $ 4,914,000 Operating expenses Net operating income 4,078,620 835,380 Interest and taxes: $ 127,000 197,000 324,000 $ 511,380 Interest expense Tax expense Net income The company paid dividends of $420,380 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 2. Turnover 2. ROI 3. Residual income % %