Financial data for Bridger Inc. for last year are as follows: Assets Cash BRIDGER INC. Balance Sheet Accounts receivable. Inventory Plant and equipment, net Investment in Brier Company Land (undeveloped) Total assets Liabilities and shareholders' equity Accounts payable Long-term debt Shareholders' equity Total liabilities and shareholders' equity BRIDGER INC. Income Statement Sales Operating expenses $4,380,000 3,766,800 Operating income 613,200 Interest and taxes: Interest expense Net income $139,000 219,000 358,000 $ 255,200 Ending Balance Beginning Balance $ 169,000 $ 164,000 580,000 440,000 600,000 680,000 851,000 896,000 640,000 610,000 460,000 460,000 $3,300,000 $3,250,000 $ 420,000 $ 460,000 1,300,000 1,300,000 1,580,000 $3,300,000 1,490,000 $3,250,000 The company paid dividends of $105,200 last year. The "Investment in Brier Company" on the balance sheet represents an investment in the common shares of another company.