Financial data for Stirling, Inc., for last year are as follows Stirling, Inc. Balance Sheet Beginning Ending Balance Balance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Brier Company Land (undeveloped) $ 162,000 159,000 547.000 570,000 996,000 498,000 296,000 403,000 655,000 1,012,000 474,000 292,000 Total assets $2,998,000 $3,066,000 Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity $ 450,000 408,000 1,135,000 .135,000 1,413,000 1,523,000 Total liabilities and stockholders' equity $2,998,000 $3,066,000 Stirling, Inc e Statement Sales Operating expenses $6,324,000 5,215,520 Net operating income Interest and taxes: 1,108,480 Interest expense1 Tax expense $ 199,000 284,000 483,000 Net income $ 625,480 The company paid dividends of $308,480 last year. The "Investment in Brier Company" on the balance sheet represents an investment in the stock of another company