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 700,000 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. Weller Corporation Comparative Balance Sheet (dollars in thousands) Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Buildings and equipment, net Property and equipment: Land Total property and equipment Total assets Current liabilities: ences Liabilities and Stockholders' Equity 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 This Year Last Year $1,090. 10,100 $ 1,380 7,000 13,800 10,600 610 630 25,600 19,610 9,900 9,900 43,255 41,805 53,155 51,705 781755 571,315 $19,200 1,040 $18,900 820 0 20,240 240 19,960 8,000 24,240 8,000 27,940 2,000 2,000 4,000 4,000 6,000 6,000 44,515 37,355 50,515 43,355 5.78,755 71.315 Total stockholders' equity Total liabilities and stockholders' equity Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) Sales Cost of goods sold This Year 72,000 41,000 Last Year $65,000 36,000