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. Weller Corporation Comparative Balance Sheet (dollars in thousands) Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: 1 Land Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: 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 $1,270 9,400 13,600 $ 1,310 6,600 12,100 780 678 25,050 20,680 9,200 9,200 40,657 41,276 49,857 50,476 $ 74,907 $ 71,156 $ 18,900 $ 17,800 960 858 240 240 20,100 18,890 9,900 30,000 9,900 28,790 600 600 4,000 4,000 4,600 4,600 40,307 37,766 44,907 42,366 $ 74,907 $ 71,156