Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable 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 Beginning Balante Ending Balance $ 135,000 341,000 $ 137,000 471,000 579,000 482,000 825,000 830,000 409,000 428,000 251,000 250,000 $ 2,540,000 $ 373,000 951,000 1,216,000 Total liabilities and stockholders' equity $ 2,540,000 S $ 2,598,000 $ 343,000 951,000 1,304,000 $ 2,598,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income Interest and taxes: $ 117,000 203,000 Interest expense Tax expense Net income $ 4,750,000 4,180,000 570,000 320,000 $ 250,000 The company paid dividends of $162,000 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. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company's residual income last year?