1 10 points Skipped Financial data for Joel de Paris, Incorporated, for last year follow: Assets Cash Accounts receivable Joel de Paris, Incorporated Balance Sheet Beginning Balance $ 130,000 333,000 Ending Balance $ 136,000 485,000 Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets eBook Print References Accounts payable Liabilities and Stockholders' Equity Long-term debt Stockholders' equity Total liabilities and stockholders' equity Sales Joel de Paris, Incorporated Income Statement Operating expenses Net operating income. Interest and taxesi Tax expense Interest expense Net income 572,000 835,000 390,000 252,000 $ 2,512,000 487,000 802,000 431,000 249,000 $ 2,590,000 $ 341,000 997,000 1,252,000 $380,000 997,000 1,135,000 $2,512,000 $ 2,590,000 $ 5,103,000 4,337,550 765,450 $111,000 194,000 305,000 $ 460,450 The company paid dividends of $343,450 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%