Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Endin Balance Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) $ 139,000 $ 127,000 334,000 472,000 478,000 873,000 434,000 245,000 568,000 869,000 394,000 248,000 Total assets $2,552,000 $2,629,000 Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity S 372,000 $ 333,000 992,000 1,188,000 1,304,000 992,000 Total liabilities and stockholdersequity $2,552,000 $2,629,000 Joel de Paris, Inc Income Statement Sales Operating expenses $ 4,246,000 3,609,100 Net operating income Interest and taxes 636,900 Interest expense Tax expense $ 127,000 201,000 328,000 Net income $ 308,900 The company paid dividends of $192,900 last year. The "Investment in Buisson, S.A.," on the balance sheet represents an investment in the stock of another company