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 $ 126,000 $ 130,000 333,000 570,000 851,000 405,000 251,000 485,000 474,000 831,000 426,000 248,000 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 $ 2,536,000 $ 372,000 1,006,000 1,158,000 $ 2,594,000 $ 330,000 1,006,000 1,258,000 $ 2,536,000 $ 2,594,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Interest and taxes: Net operating income Interest expense Tax expense Net income $ 115,000 197,000 $ 4,560,000 3,830,400 729,600 312,000 $ 417,600 The company paid dividends of $317,600 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. (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 96 96