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 Income Statement Beginning Balance $ 129,000 332,000 575,000 Ending Balance $ 130,000 470,000 484,000 786,000 432,000 253,000 794,000 392,000 255,000 $ 2,477,000 $ 386,000 995,000 1,096,000 $2,555,000 $333,000 995,000 1,227,000 $ 2,477,000 $ 2,555,000 Check my w Sales Operating expenses Net operating income Interest and taxess. $129,000 190,000 Interest expense Tax expense Net income $ 4,995,000 4,095,900 899,100 319,000 $580,100 The company paid dividends of $449,100 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 (RO) 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?