Use the data to complete the problem

Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash $ 126,000 $ 137,000 Accounts receivable 334,000 474,000 Inventory 568,000 488,000 Plant and equipment, net 812,000 781,000 Investment in Buisson, S.A. 397,000 427,000 Land (undeveloped) 253,000 248,000 Total assets $ 2,490,000 $2,555,000 Liabilities and Stockholders' Equity Accounts payable $ 374,000 $ 345,000 Long-term debt 979,000 979,000 Stockholders' equity 1,137,000 1,231,000 Total liabilities and stockholders' equity $ 2,490,000 $2,555,000 Joel de Paris, Inc. Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 112,000 Tax expense 282,000 Net income $ 4,650,000 4,045,500 604,500 314,000 $ 290,500 The company paid dividends of $196,500 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. 2. Compute the company's margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROP to 2 decimal places.) 3. What was the company's residual income last year? 1. 2 Average operating assets Margin Turnover ROI 3 Residual income