Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Assets Cash Accounts receivable Inventory Plant and equipment, net Balance Sheet Beginning Balance Ending Balance $ 139,000 $ 136,000 346,000 489,000 579,000 472,000 856,000 863,000 405,000 252,000 433,000 252,000 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 $ 2,577,000 $ 387,000 981,000 1,209,000 $ 2,577,000 $ 2,645,000 $ 342,000 981,000 1,322,000 $ 2,645,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Interest and taxes: Net operating income Interest expense Tax expense Net income $ 110,000 200,000 $ 5,044,000 4,388,280 655,720 310,000 $ 345,720 The company paid dividends of $232,720 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 $ 2,611,000 2. Margin 12.60 % 2. Turnover 2. ROI 3. Residual income %