Q1. Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash $ 50,000 $ 70,000 Accounts receivable 20,000 25,000 Inventory 30,000 35,000 Plant and equipment (net) 120,000 110,000 Investment in Cedar Company 80,000 100,000 Land (undeveloped) 170,000 170,000 Total assets $ 470,000 $ 510,000 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $ 70,000 250,000 150,000 $_470.000 $ 90,000 250,000 170,000 S 510.000 Beaker Company Income Statement $ 414,000 351,900 62,100 Sales Less operating expenses Net operating income Less interest and taxes: Interest expense Tax expense Net income $ 30,000 10.000 40,000 22.100 $ The company paid dividends of $2,100 last year. The "Investment in Cedar Company" on the statement of financial position represents an investment in the stock of another company. Required: a. Compute the company's margin, turnover, and return on investment for last year. b. The Board of Directors of Beaker Company has set a minimum required return of 20%. What was the company's residual income last year