Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet 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 Beginning Balance $ 126,000 350,000 572,000 782,000 406,000 251,000 $ 2,487,000 $ 373,000 975,000 1,139,000 Total liabilities and stockholders' equity $ 2,487,000 Ending Balance $ 130,000 474,000 476,000 790,000 428,000 250,000 $ 2,548,000 $ 330,000 975,000 1,243,000 $ 2,548,000 Joel de Paris, Incorporated Income Statement Sales $ 4,995,000 Operating expenses Net operating income 4,345,650 649,350 Interest and taxes: Interest expense $ 114,000 Tax expense 195,000 309,000 $ 340,350 Net income The company paid dividends of $236,350 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 % %