Skipped eBook Print References Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S$.$A$.$ Land $($undeveloped$)$ Total assets Liabilities and Stockholders' Equity Accounts payable Long$-$term debt Stockholders' equity Joel de Paris, Incorporated Income Statement $ $378,0001,043,0001,143,000$ Total liabilities and stockholders' equity $ $2,564,000$ Sales Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income $ $115,000210,0001.$ Average operating assets $2.$ Margin $2.$ Turnover $2.$ ROI $3.$ Residual income Beginning Balance $ $139,000347,000576,000858,000396,000248,000$ $ $2,564,000$ $ $4,074,0003,381,420692,580325,000$ $$367,580\%\%$ Ending Balance The company paid dividends of $$256,580$ 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 $15\%.$ Required: $1.$ 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. Note: Round "Margin", "Turnover" and "ROI" to $2$ decimal places. $3.$ What was the company's residual income last year? $ $125,000470,000471,000894,000429,000254,000$ $ $2,643,000$ $ $346,0001,043,0001,254,000$ $ $2,643,000$