Financial data for Joel de Paris, Incorporated, for last year follow: Ending Balance Joel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash $ 134,000 Accounts receivable 340,000 Inventory 574,000 Plant and equipment, net 882,000 Investment in Buisson, S.A. 403,000 Land (undeveloped) 245,000 Total assets $ 2,578,000 Liabilities and Stockholders' Equity Accounts payable $ 389,000 Long-term debt 1,014,000 Stockholders' equity 1,175,000 Total liabilities and stockholders' equity $ 2,578,000 $ 126,000 488,000 471,000 885,000 428,000 254,000 $ 2,652,000 $ 343,000 1,014,000 31,295,000 $ 2,652,000 doel de Paris, Incorporated Tocome statement Sales $6,485,000 Operating expenses 3,722,550 Net operating Income 762,450 Interest and taxes Interest expense $112.000 Tax expense 198.000 310.000 Net income $452,450 The company paid dividends of $332,450 last year. The "Investment in Bulsson, S.A. on the balance sheet represents an investment in the stock of another company. The companys minimum required rate of return or 15%. Required: 1. Compute the company's average operating assets for last year 2.Compute the company's margin, turnover, and return on investment (Rol) for last year (Round "Margin'" "Turnover" and "Ror" to 2 decimal places.) 3. What was the company's residual income last year? % 1. Average operating sa 2. Margin 2. Turnover 2 ROI 3. Residual income %