bed 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 700,000 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 $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $21. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year ok Assets ht Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipments 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 Bonds payable $1,220 $ 1,360 10,400 8,100 13,400 12,200 720 560 25,740 22,220 9,500 9,500 47,675 38,680 57,175 48,180 $82,915 $ 70,400 $ 19,000 $ 18,700 990 130 20,120 760 130 19,590 Long-term liabilities: .500 Total liabilities 28,620 8,500 28,090 Stockholders' equity: Connon stock 700 700 Additional paid-in capital 4,000 4,000 Total paid-in capital 4,700 4,700