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

Joel de Paris, Incorporated Balance Sheet
	Beginning Balance	Ending Balance
Assets
Cash	$ 126,000	$ 133,000
Accounts receivable	346,000	489,000
Inventory	561,000	479,000
Plant and equipment, net	877,000	849,000
Investment in Buisson, S.A.	402,000	425,000
Land (undeveloped)	249,000	253,000
Total assets	$ 2,561,000	$ 2,628,000
Liabilities and Stockholders' Equity
Accounts payable	$ 380,000	$ 334,000
Long-term debt	1,043,000	1,043,000
Stockholders' equity	1,138,000	1,251,000
Total liabilities and stockholders' equity	$ 2,561,000	$ 2,628,000

Joel de Paris, Incorporated Income Statement
Sales		$ 4,246,000
Operating expenses		3,651,560
Net operating income		594,440
Interest and taxes:
Interest expense	$ 122,000
Tax expense	200,000	322,000
Net income		$ 272,440

The company paid dividends of $159,440 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?