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 Ending Balance $ 135,000 339,000 $ 138,000 476,000 578,000 479,000 788,000 787,000 399,000 431,000 250,000 255,000 $ 2,489,000 $2,566,000 $ 374,000 1,048,000 $ 346,000 1,067,000 1,048,000 1,172,000 $2,566,000 Total liabilities and stockholders' equity $ 2,489,000 Joel-de Paris, Incorporated Income Statement Sales Operating expenses Interest and taxes: Net operating income Interest expense Tax expense Net income $ 4,464,000 3,839,040 624,960 $ 111,000 195,000 306,000 $ 318,960 The company paid dividends of $213,960 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 % %