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 $29. 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 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 $ 1,230 $ 1,370 9,100 12,200 640 8,300 11,200 540 23,170 21,410 9,900 9,900 47,926 35,340 57,826 45,240 $ 80,996 $ 66,650 $ 19,400 920 290 $ 18,300 850 290 20,610 19,440 8,000 8,000 28,610 27,440 600 600 4,000 4,000 4,600 4,600 47,786 34,610 52,386 39,210 Total liabilities and stockholders' equity $ 80,996 $ 66,650 Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity