Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance EndingBalance Assets Cash $ 131,000 $ 138,000 Accounts receivable 331,000 478,000 Inventory 569,000 477,000 Plant and equipment, net 829,000 807,000 Investment in Buisson, S. A. 404,000 426,000 Land (undeveloped) 247,000 249,000 Total assets $ 2,511,000 $ 2,575,000 Liabilities and Stockholders' Equity Accounts payable $ 373,000 $ 334,000 Long-term debt 965,000 965,000 Stockholders' equity 1,173,000 1,276,000 Total liabilities and stockholders' equity $ 2,511,000 $ 2,575,000 Joel de Paris, Inc. Income Statement Sales $ 4,136,000 Operating expenses 3,474,240 Net operating income 661,760 Interest and taxes: Interest expense $ 121,000 Tax expense 210,000 331,000 Net income $ 330,760 The company paid dividends of $227,760 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 "ROI" to 2 decimal places.) 3. What was the company’s residual income last year?