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 Total liabilities and stockholders' equity Beginning Balance $ 137,000 338,000 560,000 865,000 398,000 249,000 $ 2,547,000 $ 383,000 966,000 1,198,000 $ 2,547,000 Ending Balance $ 133,000 485,000 484,000 838,000. 431,000 249,000 $ 2,620,000 $ 331,000 966,000 1,323,000 $ 2,620,000 Sales Joel de Paris, Incorporated Income Statement Operating expenses Net operating income Interest expense Tax expense $ 4,032,000 3,548,160 483,840 Interest and taxes: $ 124,000 190,000 314,000 $ 169,840 Net income The company paid dividends of $44,840 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?