Camper Company and McSead, Inc., are the two largest toy companies in North America. Condensed liabilities and stockholders' equity from a recent balance sheet are shown for each company as follows (in thousands)

McSead Camper Current liabilities $4,636,000 $8,729,000 Long-term debt 2,495,600 3,464,000 Other liabilities 1,663,000 Total liabilities $7,131,600 $13,856,000 Shareholders' equity: Common stock $346,000 $1,559,000 Additional paid in capital 1,070,000 5,716,000 Retained earnings 6,658,000 5,889,000 Accumulated other comprehensive loss and other equity items 76,000 (953,000) Treasury stock, at cost 3,056,000 (3,551,000) Total stockholders' equity $5,094,000 $8,660,000 Total liabilities and stockholders' equity $12,225, 600 $22,516,000 The income from operations and interest expense from the income statement for both companies were as follows (in thousands) Camper McSead Income from operations $1,327,900 $3,307,150 429,500 135,500 Interest expense