Check my work 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 950,000 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 $26. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment Land $ 770 51,810 15,900 9,000 10,450 8,800 1,950 2,400 29,070 22,010 7,500 7,500 Buildings and equipment, net 20,700 20,500 Total property and equipment 28,200 28,000 Total assets $57,270 $50,010 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $11,000 $ 9,050 Accrued liabilities Notes payable, short term 900 450 1,450 450 Total current liabilities 12,350 10,950 Long-term liabilities: Bonds payable Total liabilities Stockholders' amitur 5,000 17,350 5,000 15,950