14 Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 810,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $18. All of the company's sales are on account Skipped OOK This Year Last Year $ 2,546 12,400 9,750 $ 2,770 9,150 3,240 32.100 Weller Corporation Comparative Balance Sheet (dollars in thousands Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses D Total current assets Property and quignant Land Buildings and equipment, net Total property and equipment Total assets Liabilities and stockholders' Equity Current Habilities Accounts payable Accrued abilities Notes payable short term Total current liabilities Long term liabilities Honds payable Total liabilities Stockholders equity! Commons Additional paid capital Total paid in capital Retained earnine 6.100 19.00 25,100 551,906 19. 100 25,200 147,410 $9,600 620 30 10.50 $ 3,350 750 310 9.410 6,250 16,70 5.250 35,660 ILO 310 4.250 5,000 30.066 5,050 36.70 14 Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 810,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $18. All of the company's sales are on account Skipped OOK This Year Last Year $ 2,546 12,400 9,750 $ 2,770 9,150 3,240 32.100 Weller Corporation Comparative Balance Sheet (dollars in thousands Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses D Total current assets Property and quignant Land Buildings and equipment, net Total property and equipment Total assets Liabilities and stockholders' Equity Current Habilities Accounts payable Accrued abilities Notes payable short term Total current liabilities Long term liabilities Honds payable Total liabilities Stockholders equity! Commons Additional paid capital Total paid in capital Retained earnine 6.100 19.00 25,100 551,906 19. 100 25,200 147,410 $9,600 620 30 10.50 $ 3,350 750 310 9.410 6,250 16,70 5.250 35,660 ILO 310 4.250 5,000 30.066 5,050 36.70