Problem $11-17($Algo$)$ Return on Investment $($ROI$)$ and Residual Income $[$LO$11-1,$ LO$11-2]$Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, IncorporatedBalance Sheet Beginning BalanceEnding BalanceAssets Cash$ $134,000$$ $132,000$Accounts receivable$331,000481,000$Inventory$571,000481,000$Plant and equipment, net$824,000806,000$Investment in Buisson, S$.$A$\mathrm{.}404,000428,000$Land $($undeveloped$)252,000249,000$Total assets$ $2,516,000$$ $2,577,000$Liabilities and Stockholders' Equity Accounts payable$ $372,000$$ $341,000$Long$-$term debt$971,000971,000$Stockholders' equity$1,173,0001,265,000$Total liabilities and stockholders' equity$ $2,516,000$$ $2,577,000$ Joel de Paris, IncorporatedIncome StatementSales $ $5,076,000$Operating expenses $4,162,320$Net operating income $913,680$Interest and taxes: Interest expense$ $112,000$ Tax expense$196,000308,000$Net income $ $605,680$The company paid dividends of $$513,680$ 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$\mathrm{.}2.$ Compute the companys margin, turnover, and return on investment $($ROI$)$ for last year. $($Round "Margin", "Turnover" and "ROI" to $2$ decimal places.$)3.$ What was the companys residual income last year?