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 500,000 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 $21. All of the company's sales are on account. Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Total property and equipment Buildings and equipment, net Weller Corporation Comparative Balance Sheet (dollars in thousands) 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 $ 1,150 9,700 12,100 640 $ 1,380 7,000 12,200 520 23,590 21,100 9,600 9,600 44,398 37,527 53,998 47,127 $ 77,588 $ 68,227 $ 19,500 960 $ 19,200 720 160 20,620 160 20,080 9,300 29,920 9,300 29,380 500 500 4,000 4,000 4,500 4,500 43,168 34,347 47,668 38,847 $ 77,588 $ 68,227