Financial data for Joel de Paris, Incorporated, for last year follow: Ending Balance Joel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash $ 138,000 Accounts receivable 344,000 Inventory 569,000 Plant and equipment, net 879,000 Investment in Buisson, S.A. 402,000 Land (undeveloped) 248,000 Total assets $ 2,580,000 Liabilities and Stockholders' Equity Accounts payable $ 379,000 Long-term debt 998,000 Stockholders' equity 1,203,000 Total liabilities and stockholders' equity $ 2,580,000 $ 136,000 471,000 486,000 877,000 428,000 251,000 $ 2,649,000 $ 344,000 998,000 1,307,000 $ 2,649,000 Joel de Paris, Incorporated Income Statement Sales $ 4,290,000 Operating expenses 3,689,400 Net operating income 600,600 Interest and taxes: Interest expense $ 114,000 Tax expense 191,000 305,000 Net income $ 295,600 The company paid dividends of $191,600 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