Pint acquired the shares of Saloon Company on January 1, 20X7. On December 31, 20X8, assume Pint sold inventory to Saloon during 20X8 for $109,000 and Saloon sold inventory to Pint for $316,000. Pints balance sheet contains inventory items purchased from Saloon for $103,000. The items cost Saloon $63,000 to produce. In addition, Saloons inventory contains goods it purchased from Pint for $25,000 that Pint had produced for $15,000. Assume Saloon reported net income of $71,000 and dividends of $14,200