Financial data for Joel de Paris, Incorporated, for last year follow: Ending Balance Joel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash $ 133,000 Accounts receivable 349,000 Inventory 567,000 Plant and equipment, net 861,000 Investment in Buisson, S.A. 403,000 Land (undeveloped) 253,000 Total assets $ 2,566,000 Liabilities and Stockholders' Equity Accounts payable $ 381,000 Long-term debt 1,041,000 Stockholders' equity 1,144,000 Total liabilities and stockholders' equity $ 2,566,000 $ 131,000 475,000 476,000 868,000 429,000 249,000 $ 2,628,000 $ 334,000 1,041,000 1,253,000 $ 2,628,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 120,000 Tax expense 209,000 Net income $ 5,018,000 4,265,300 752,700 329,000 $ 423,700 The company paid dividends of $314,700 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%. The company paid dividends of $314,700 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