Financial data for Joel de Paris, Incorporated, for last year follow: Ending Balance Joel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash $ 129,000 Accounts receivable 345,000 Inventory 573,000 Plant and equipment, net 873,000 Investment in Buisson, S.A. 395,000 Land (undeveloped) 250,000 Total assets $ 2,565,000 Liabilities and Stockholders' Equity Accounts payable $ 380,000 Long-term debt 978,000 Stockholders' equity 1,207,000 Total liabilities and stockholders' equity $ 2,565,000 $ 136,000 476,000 484,000 864,000 432,000 249,000 $ 2,641,000 $ 343,000 978,000 1,320,000 $ 2,641,000 Joel de Paris, Incorporated Income Statement Sales $ 4,850,000 Operating expenses 3,977,000 Net operating income 873,000 Interest and taxes: Interest expense $ 110,000 Tax expense 194,000 304,000 Net income $ 569,000 The company paid dividends of $456,000 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