Financial data for Stirling, Inc., for last year are as follows: Stirling, Inc Balance Sheet Beginning Balance Ending Balance Assets $ 153,000 529,000 546,000 960,000 480,000 284,000 Cash Accounts receivable 156,000 385,000 631,000 976,000 456,000 280,000 Inventory Plant and equipment, net Investment in Brier Company Land (undeveloped) Total assets $2,884,000 $2,952,000 Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity 390,000 1,093,000 1,469,000 432,000 1,093,000 1,359,000 Total liabilities and stockholders' equity $2,884,000 $2,952,000 Stirling, Inc. Income Statement Sales $6,084,000 5,095,520 Operating expenses 988,480 Net operating income Interest and taxes: Interest expense Tax expense $181,000 260,000 441,000 S 547,480 Net income The company paid dividends of $284,480 last year. The "Investment in Brier Company" on the balance sheet represents an investment in the stock of another company. Required: 1. Compute the company's margin, turnover, and return on investment (ROI) for last year. (Do not round intermediate calculations. Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) Margin % Turnover ROI % 2. The board of directors of Stirling, Inc., has set a minimum required return of 14%. What was the company's residual income last year? Residual income