On January 1st, 2009 Bowen made a strategic investment in Burrell by buying 3,000 Burrell shares at $59 per share. Bowen's shares represented 40% of Burrell's outstanding shares and Bowen received three seats on Burrell's board of directors. During 2009 Burrell paid cash dividends of $2.70 per share and reported net income of $44,250. In its December 31st, 2009 balance sheet Bowen will report its investment in Burrell stock at