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 $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 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 $ 1,230 $ 1,280 10,500 12,700 740 7,600 11,600 690 25,170 21,170 9,200 9,200 50,635 40,612 59,835 49,812 $ 85,005 $ 70,982 $ 19,400 1,090 160 $ 17,800 850 160 20,650 18,810 8,300 8,300 28,950 27,110 600 600 4,000 4,000 Total paid-in capital 4,600 4,600 Retained earnings 51,455 39,272 Total stockholders' equity 56,055 43,872 Total liabilities and stockholders' equity $ 85,005 $ 70,982 Weller Corporation Comparative Income Statement and Reconciliation