Financial data for Beaker Company for last year appear below: Beaker Company Statements of Financial Position Beginning Balance Ending Balance Assets: Cash $ 277,000 $ 136,386 Accounts receivable 179,000 205,000 Inventory 257,000 270,000 Plant and equipment (net) 476,000 440,000 Investment in Cedar Company 255,000 288,000 Land (undeveloped) 335,000 335,000 Total assets $ 1,779,000 $ 1,674,386 Liabilities and owners' equity: Accounts payable $ 203,000 $ 152,000 Long-term debt 862,000 862,000 Owners' equity 714,000 660,386 Total liabilities and owners' equity $ 1,779,000 $ 1,674,386 Beaker Company Income Statement Sales $ 1,960,000 Less operating expenses 1,597,400 Net operating income 362,600 Less interest and taxes: Interest expense $ 105,800 Tax expense 141,414 247,214 Net income $ 115,386 The company paid dividends of $169,000 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 30%. What was the company's residual income last