Lisa Company had outstanding 170,000 shares of common stock. On January 10, 2015, Marg Company purchased a block of these shares in the open market at $10 per share, with the intent of holding the shares for a long time. At the end of 2015, Lisa reported net income of $100,000 and cash dividends of $0.20 per share. At December 31, 2015, Lisa Company stock was selling at $9 per share.