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 Total liabilities and stockholders' equity Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income. Interest and taxes: Interest expense Tax expense Net income $ 127,000 199,000 $ 3,948,000 3,355,800 592,200 1. Average operating assets 2. Margin 2. Turnover 2. ROI 3. Residual income 326,000 $ 266,200 Beginning Balance % $ 132,000 339,000 570,000 % 819,000 393,000 245,000 $ 2,498,000 $ 387,000 957,000 1,154,000 $ 2,498,000 The company paid dividends of $146,200 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%. Ending Balance $ 129,000 487,000 471,000 813,000 425,000 248,000 $ 2,573,000 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? $ 342,000 957,000 1,274,000 $ 2,573,000 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?