Financial data for Joel de Paris, Incorporated, for last year follow: 5 Ending Balance eBook Joel de Paris, Incorporated Balance Sheet Beginning Balance Assets Cash $ 132,000 Accounts receivable 336,000 Inventory 568,000 Plant and equipment, net 894,000 Investment in Buisson, S.A. 391,000 Land (undeveloped) 254,000 Total assets $ 2,575,000 Liabilities and Stockholders' Equity Accounts payable $ 374,000 Long-term debt 975,000 Stockholders' equity 1,226,000 Total liabilities and stockholders' equity $ 2,575,000 $ 126,000 471,000 481,000 892,000 428,000 255,000 $ 2,653,000 $ 343,000 975,000 1,335,000 $ 2,653,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 117,000 Tax expense 193,000 Net income $ 5,265,000 4,580,550 684,450 310,000 $ 374,450 The company paid dividends of $265,450 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%. 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