Financial data for Joel de Pars, Inc., for last year follow Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets $ 131,e00 132,000 331,000 477,8ee 569,000472,880 799,880 789,eee 438,880 246,080 247,000 399,080 $2,475,800 $2,547,800 Liabilities and Stockholders Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockhoIders equity 5 388,e00 342,080 952,80 952,800 1,143,88e 1,253,808 $2,475,000 $2,547,880 Joel de Paris, Inc Income Statemen Sales Operating expenses Net operating income Interest and taxes: $4,440,80e 3.729,600 718,480 Interest expense $118,800 Tax expense263186 283,868321866 $ 389,4e0 Net income The company paid dividends of $279,400 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 declmal places) 3. What was the company's residual income last year? & Answer is complete but not entirely correct Average operating 1,850,000 8 30 2. Margin Tumover ROI 3 Residual income 111,900 S 1