Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Assets Cash Accounts receivable Plant and equipment, net Inventory Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Balance Sheet Beginning Balance $ 125,000 Ending Balance 334,000 571,000 850,000 398,000 $ 137,000 481,000 480,000 822,000 429,000 249,000 253,000 $ 2,531,000 $ 373,000 965,000 1,193,000 $ 2,598,000 $ 343,000 965,000 1,290,000 $ 2,598,000 Total liabilities and stockholders' equity $ 2,531,000 Joel de Paris, Incorporated Income Statement Sales Interest and taxes: Operating expenses Net operating income Interest expense Tax expense Net income $ 3,990,000 3,351,600 638,400 $ 118,000 204,000 322,000 $ 316,400 The company paid dividends of $219,400 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 % %