Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning Balance Ending Balance Assets Cash $ 133,000 $ 126,000 Accounts receivable 349,000 479,000 Inventory 564,000 473,000 Plant and equipment, net 844,000 852,000 Investment in Buisson, S.A. 408,000 430,000 Land (undeveloped) 250,000 254,000 Total assets $ 2,548,000 $ 2,614,000 Liabilities and Stockholders' Equity Accounts payable $ 386,000 $ 332,000 Long-term debt 993,000 993,000 Stockholders' equity 1,169,000 1,289,000 Total liabilities and stockholders' equity $ 2,548,000 $ 2,614,000 Joel de Paris, Incorporated Income Statement Sales $ 4,966,000 Operating expenses 4,171,440 Net operating income 794,560 Interest and taxes: Interest expense $ 116,000 Tax expense 207,000 323,000 Net income $ 471,560 The company paid dividends of $351,560 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 companys margin, turnover, and return on investment (ROI) for last year. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the companys residual income last year?