Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash $ 132,000 $ 136,000 Accounts receivable 333,000 478,000 Inventory 563,000 483,000 Plant and equipment, net 812,000 783,000 Investment in Buisson, S. A. 397,000 429,000 Land (undeveloped) 251,000 249,000 Total assets $ 2,488,000 $ 2,558,000 Liabilities and Stockholders' Equity Accounts payable $ 382,000 $ 333,000 Long-term debt 988,000 988,000 Stockholders' equity 1,118,000 1,237,000 Total liabilities and stockholders' equity $ 2,488,000 $ 2,558,000 Joel de Paris, Inc. Income Statement Sales $ 4,650,000 Operating expenses 4,092,000 Net operating income 558,000 Interest and taxes: Interest expense $ 117,000 Tax expense 196,000 313,000 Net income $ 245,000 The company paid dividends of $126,000 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. (Do not round intermediate calculations and round your final answers to 2 decimal places.) 3. What was the company’s residual income last year?