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 960,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, 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 $26. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets. Property and equipment: Land $ 2,036 $ 3,020 16,000 9,050 10,500 8,840 1,960 2,420 30,496 23,330 7,600 7,600 Buildings and equipment, net 20,800 20,600 Total property and equipment 28,400 28,200 Total assets $58,896 $51,530 Liabilities and Stockholders' Equity Current Liabilities: Accounts payable $11,100 $ 9,100 Accrued liabilities 920 1,500. Notes payable, short term 460 460 Total current liabilities. 12,480 11,060 Long-term Liabilities: Bonds payable. 6,250 6,250 Total liabilities: 18,730 17,310 Stockholders' equity: Common stock 960 960. Additional paid-in capital 5,000 5,000 Total paid-in capital 5,960 5,960 34,206 28,260