I would like to know the correct steps so I can understand what I did wrong while solving this problem.

Joel de Paris, Inc. 7 Balance Sheet Beginning Ending Assets Balance Balance Cash 139, 000 $ 139 , 000 Accounts receivable 341, 000 Inventory 473,000 4/20 561, 000 477, 000 points awarded Plant and equipment, net Investment in Buisson, S. A. 859 , 000 851, 000 406, 000 435, 000 Land (undeveloped) 252, 000 251, 000 Scored Total assets $ 2, 558, 000 $ 2, 626, 000 Liabilities and Stockholders' Equity Accounts payable $ 385, 000 $ 339 , 000 Long-term debt 962 , 000 962, 000 Stockholders' equity 1, 211, 000 1, 325, 000 Book Total liabilities and stockholders' equity $ 2 , 558, 000 $ 2, 626, 000 Print Joel de Paris, Inc. Income Statement Sales $ 4, 224, 000 Operating expenses 3, 717 , 120 Net operating income 506 , 880 Interest and taxes: Interest expense $ 111, 000 Tax expense 203 , 000 314, 000 Net income $ 192 , 880 The company paid dividends of $78,880 last year. The "Investment in Buisson, S.A.," on the balance sheet represents an inves 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 "R decimal places.) 3. What was the company's residual income last year? 1. Average operating assets $ 3,840,000 X 2 Margin 12.00 % Turnover 1.10 x ROI 13.20 X % 3. Residual income $ (69, 120) X