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 Joel de Paris, Incorporated Beginning Balance $ 139,000 338,000 570,000 843,000 394,000 251,000 $ 2,535,000 $ 373,000 1,006,000 1,156,000 Ending Balance $ 133,000 479,000 483,000 835,000 429,000 246,000 $ 2,605,000 $ 345,000 1,006,000 1,254,000 $ 2,535,000 $ 2,605,000 Income Statement Sales Operating expenses Interest and taxes: Net operating income Interest expense Tax expense Net income $ 3,820,000 3,323,400 496,600 $ 120,000 205,000 325,000 $ 171,600 The company paid dividends of $73,600 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. Note: 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 % %