Joel de Paris, Incorporated Balance Sheet Beginning Balance Ending Balance Assets cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity $ 131,000 346,000 577,000 796,000 39 , e 248,000 $ 2,488,000 $ 131,000 487,000 473, eee 799,000 431,000 254,800 $ 2,575,000 $ 380,000 960,000 1,148,000 $ 2,488,000 $ 334,000 960,000 1,281,000 $ 2,575,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 115,000 Tax expense 206,000 Net income $ 4,301, 000 3,526,820 774,180 321,000 $ 453, 180 The company paid dividends of $320,180 last year. The "Investment in Buisson, S.A." on the balance she represents an investment in the stock of another company. The company's minimum required rate of retu Required: Joel de Paris, Incorporated Balance Sheet Beginning Balance Ending Balance Assets cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity $ 131,000 346,000 577,000 796,000 39 , e 248,000 $ 2,488,000 $ 131,000 487,000 473, eee 799,000 431,000 254,800 $ 2,575,000 $ 380,000 960,000 1,148,000 $ 2,488,000 $ 334,000 960,000 1,281,000 $ 2,575,000 Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense $ 115,000 Tax expense 206,000 Net income $ 4,301, 000 3,526,820 774,180 321,000 $ 453, 180 The company paid dividends of $320,180 last year. The "Investment in Buisson, S.A." on the balance she represents an investment in the stock of another company. The company's minimum required rate of retu Required