In 2008, Saratoga Company had the following financial data: Operating income $500,000 Interest received $50,000 Interest paid $30,000 Dividend received $100,000 Dividend paid 150,000 Dividend of $100,000 was received from Findlay Inc. which is one of the companies that Saratoga company invest. As of the end of 2008, Saratoga Company

In 2008, Saratoga Company had the following financial data:

           Operating income          $500,000

           Interest received          $50,000

           Interest paid                  $30,000

           Dividend received         $100,000

           Dividend paid              150,000    

Dividend of $100,000 was received from Findlay Inc. which is one of the

companies that Saratoga company invest. As of the end of 2008, Saratoga Company

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