Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning Balance Ending Balance Assets Cash $ 128,000 $ 135,000 Accounts receivable 334,000 487,000 Inventory 580,000 472,000 Plant and equipment, net 828,000 816,000 Investment in Buisson, S.A. 399,000 435,000 Land (undeveloped) 247,000 245,000 Total assets $ 2,516,000 $ 2,590,000 Liabilities and Stockholders' Equity Accounts payable $ 372,000 $ 342,000 Long-term debt 1,041,000 1,041,000 Stockholders' equity 1,103,000 1,207,000 Total liabilities and stockholders' equity $ 2,516,000 $ 2,590,000 Joel de Paris, Incorporated Income Statement Sales $ 4,914,000 Operating expenses 4,078,620 Net operating income 835,380 Interest and taxes: Interest expense $ 113,000 Tax expense 194,000 307,000 Net income $ 528,380 The company paid dividends of $424,380 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 companys 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 companys residual income last year?

\begin{tabular}{|l|l|l|} \hline 1. Average operating assets & & \\ \hline 2. Margin & & % \\ \hline 2. Turnover & & \\ \hline 2. ROl & & \\ \hline 3. Residual income & & \\ \hline \end{tabular}