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 $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $25. All of the company's sales are on account This Year Last Year $ 1,380 8,100 12,500 570 22,550 Weller Corporation Comparative Balance Sheet (dollars in thousands) 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 liabiuties: 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 $ 1,130 10,700 13,000 680 25,518 9,800 41,286 51,086 $76,596 9,800 38,528 48,328 $70,878 $18,900 980 0 19,880 9,200 29,080 $17,900 860 190 18,950 2,000 4,000 6,000 41,516 42,516 $76,596 9,200 28,150 2,000 4,000 6,000 36,728 42, 728 $70,878