Financial data for Beaker Company for last year appear below: Ending Balance Assets: Cash Accounts receivable Inventory Plant and equipment (net) Investment in Cedar Company Land (undeveloped) Total assets Beaker Company Statements of Financial Position Beginning Balance $ 335,000 210,000 296,000 508,000 229,000 182,000 $1,760,000 $ 471,760 176,000 264,000 460,000 295,000 182,000 $1,848, 760 Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $ 190,000 833,000 737,000 $ 1,760,000 $ 235,000 833,000 780,760 $1,848, 760 Beaker Company Income Statement Sales Less operating expenses Net operating income Less interest and taxes: Interest expense $ 96,700 Tax expense 202,540 Net income $2,050,000 1,517,000 533,000 299,240 233,760 $ The company paid dividends of $190,000 last year. The "Investment in Cedar Company" on the statement of financial position represents an investment in the stock of another company. Required: a. Compute the company's margin, turnover, and return on investment for last year. b. The Board of Directors of Beaker Company has set a minimum required return of 35%. What was the company's residual income last year? Complete this question by entering your answers in the tabs below. Required A Required B Compute the company's margin, turnover, and return on investment for last year. (Round your "Percentage" answers to 2 decimal places.) % Margin Tumover Return on investment % Complete this question by entering your answers in the tabs below. Required A Required B The Board of Directors of Beaker Company has set a minimum required return of 35%. What was the company's residual income last year? (Round your intermediate calculations and final answers to 2 decimal places.) Residual income