Joel de Paris, Inc. Balance Sheet Ending Balance Beginning Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets $ 132,000 139,000 475,000 473,000 843,000 434,000 245,000 $2,533,000 $2,609,000 344,000 562,000 852,000 396,000 247.000 Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity $ 379,000 340,000 1,032,000 1.237.000 $2,533,000 $2,609,000 1,032,000 1,122,000 Total liabilities and stockholders' equity Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: $5,157,000 4,383,450 773,550 Interest expense Tax expense s 112,000 193,000305,000 $ 468,550 Net income The company paid dividends of $353,550 last year. The "lnvestment 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 (ROl) 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 Turnover ROl 3. Residual income