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 $25. All of the company's sales are on account. 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 Current liabilities: Accounts payable Liabilities and Stockholders' Equity 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 This Year Last Year $1,150 10,600 $1,250 13,600 7,500 11,300 640 630 25,990 20,680 10,600 10,600 36,133 35,844 46,733 $ 72,723 $ 19,600 1,040 260 20,900 46,444 $ 67,124 $ 18,000 890 260 19,150 8,100 8,100 29,000 27,250 700 700 4,000 4,000 4,700 4,700 39,023 35,174 Total stockholders' equity 43,723 39,874 Total liabilities and stockholders' equity $ 72,723 $ 67,124