Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash Accounts receivable $ 135,000 347,000 Ending Balance $ 128,000 476,000 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 576,000 782,000 399,000 254,000 $ 2,493,000 $ 375,000 998,000 1,120,000 $ 2,493,000 482,000 794,000 428,000 249,000 $ 2,557,000 $ 337,000 998,000 1,222,000 $ 2,557,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Interest and taxes: $ 4,092,000 3,478,200 613,800 Net operating income Interest expense Tax expense Net income $ 126,000 196,000 322,000 $291,800 The company paid dividends of $189,800 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?