Financial data for Windsor, Inc. for last year appear below:

Windsor, Inc. Statements of Financial Position
	Beginning Balance		Ending Balance
Assets:
Cash	$	336,000	$	299,888
Accounts receivable		139,000		149,000
Inventory		236,000		254,000
Plant and equipment (net)		452,000		479,000
Investment in Pine Company		269,000		267,000
Land (undeveloped)		377,000		377,000
Total assets	$	1,809,000	$	1,825,888
Liabilities and owners