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 Total liabilities and stockholders' equity Beginning Balance $ 128,000 Ending Balance $ 134,000 335,000 571,000 836,000 402,000 254,000 473,000 478,000 825,000 430,000 248,000 $ 2,526,000 $ 372,000 1,026,000 1,128,000 $ 2,526,000 $ 2,588,000 $ 349,000 1,026,000 1,213,000 $ 2,588,000 Sales Joel de Paris, Incorporated Income Statement Operating expenses Net operating income $ 4,725,000 3,969,000 756,000 Interest and taxes: Interest expense Tax expense $ 116,000 197,000 313,000 $ 443,000 Net income The company paid dividends of $358,000 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 %