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 $29. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousanda) This Year Last Year $1,260 10,300 12,700 600 24.860 6 1,280 6,900 10,900 600 19.680 9,600 46.527 56127 $80,907 9,600 40.796 50.396 $70,076 Assets Current assets Cash Accounts receivable, set Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets Linbilties and Stockholders' Equity Current liabilities Nocounts payable Accrued ilabilities Notce payable, short term Total current liabilities Long-term liabilities fonds payable Total liabilities Stockholders' equity Common stock Additional paid-in capital Total paid in capital Retained earnings Total stockholders equity Zotal liabilition and stockholdera equity $19.400 1.050 270 20,720 $18.500 870 270 19.640 6400 29,120 8.400 28.040 700 4.000 4,700 47,267 51,867 $80,997 700 4.000 4,700 32, 336 42,036 $70,076