Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Assets Balance Sheet Beginning Balance Ending Balance 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 $ 140,000 $ 132,000 335,000 480,000 580,000 489,000 815,000 809,000 404,000 429,000 247,000 249,000 $ 2,521,000 $ 387,000 1,027,000 1,107,000 $ 2,588,000 $ 332,000 1,027,000 1,229,000 $ 2,521,000 $ 2,588,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Interest and taxes: Net operating income Interest expense Tax expense Net income $ 118,000 207,000 $ 4,347,000 3,608,010 738,990 325,000 $ 413,990 The company paid dividends of $291,990 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. (Round "Margin", "Turnover" and "ROI" 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 % %