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 $27. 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 Liabilities and Stockholders' Equity Current liabilitiess 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 This Year Last Year $ 1,180 10,100 13,000 690 $1,340 8,000 10,700 670 24,970 20,710 10,500 10,500 49,027 37,790 59,527 48,290 $ 84,497 $ 69,000 $ 19,400 $ 19,400 930 850 280 280 20,610 20,530 8,000 28,610 8,000 28,530 600 600 4,000 4,000 4,600 4.600 51,287 35,870 55,887 40,470 $ 84,497 $ 69,000