Financial data for Joel de Paris, Incorporated, for last year follow:

Joel de Paris, Incorporated Balance Sheet
	Beginning Balance	Ending Balance
Assets
Cash	$ 140,000	$ 130,000
Accounts receivable	335,000	490,000
Inventory	578,000	477,000
Plant and equipment, net	837,000	833,000
Investment in Buisson, S.A.	406,000	434,000
Land (undeveloped)	248,000	250,000
Total assets	$ 2,544,000	$ 2,614,000
Liabilities and Stockholders' Equity
Accounts payable	$ 386,000	$ 339,000
Long-term debt	972,000	972,000
Stockholders' equity	1,186,000	1,303,000
Total liabilities and stockholders' equity	$ 2,544,000	$ 2,614,000

Joel de Paris, Incorporated Income Statement
Sales		$ 4,011,000
Operating expenses		3,449,460
Net operating income		561,540
Interest and taxes:
Interest expense	$ 121,000
Tax expense	201,000	322,000
Net income		$ 239,540

The company paid dividends of $122,540 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?