5 Skipped 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 600,000 shares of common stock were outstanding. The interest rate on the bond payable was 10%, the income tax rate was 40%, and the dividend per share of common stock was $0.25 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $26. All of the company's sales are on account. Meller Corporation Comparative Balance Sheet (dollars in thousands) Book 10 10 P Referances Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued Liabilities Notes payable, short term Total current liabilities Long-term liabilities:: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity www.corative This Year Last Year $ 1,200 18,308 12,600 $1,200 7,900 11,400 660 670 24,766 10,100 10,100 48,126 36,130 50.226 46,230 $82,906 $ 57,490 $ 19,700 $17,00 1,010 278 850 270 20,0 19,020 9,500 9,508 30,450 20,520 600 600 4,000 4,000 4,600 4,600 47,906 34,370 52,506 30,976 $82,986 $ 67,492