Financial data for Joel de Paris, Inc. (Ch 11)

3.75 points Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets 125,000 129,000 Cash 341,000 486,000 Accounts receivable 565,000 476,000 Inventory 879,000 859,000 405,000 429,000 255,000 248,000 Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) $2,570,000 $2,627,000 Total assets Liabilities and Stockholders' Equity 387,000 337,000 Accounts payable 1,003,000 1,003,000 Long-term debt 1,180,000 1,287,000 Stockholders' equity Total liabilities and stockholders' equity $2,570,000 $2,627,000