$\backslash$table$[[\backslash$table$[[$Joel de Paris, Incorporated Balance Sheet Beginning Balance$],[$Ending Balance$]]],[$Assets$],[$Cash$,,,$$ $128,000,$$ $131,000,],[$Accounts receivable,,,$333,000,486,000,],[$Inventory$,,,571,000,475,000,],[$Plant and equipment, net,,,$868,000,848,000,],[$Investment in Buisson, S$.$A$.,,,395,000,428,000,],[$Land $($undeveloped$),,,249,000,249,000,],[$Total assets,,,$ $2,544,000,$$ $2,617,000,],[$Liabilities and Stockholders$*$ Equity$],[$Accounts payable,,,$ $372,000,$$ $349,000,],[$Long$-$term debt,,,$1,047,000,1,047,000,],[$Stockholders$\text{'}$ equity,,,$1,125,000,1,221,000,],[$Total liabilities and stockholders' equity,,,$ $2,544,000,$$ $2,617,000,],[$Joel de Paris, Incorporated$],[$Income Statement$],[$Sales$,,$$ $4,608,000,,,],[$Operating expenses,,$3,870,720,,,],[$Net operating income,,$737,280,,,],[$Interest and taxes:,,,,,$],[$Interest expense,$ $118,000,,,,],[$Tax expense,$201,000,319,000,,,],[$Net income,,$ $418,280,,,],[$The company paid dividends of $$322\mathrm{.}280$ last year. The Unvestment in Buisson, S$.$A$.,$ on the balance shee$],[$in the stock of another company the company's minimum required rate of return $15\%.]]$

$\backslash$table$[[$sales$,],[$Operating expenses,$],[$Net operating income,$],[$Interest and taxes:,$],[$Interest expense,$$118,000$