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 $23. 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: 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 Total paid-in capital This Year Last Year $ 1,140 10,500 13,300 $1,240 7,700 11,800 770 660 25,710 21,400 10,400 10,400 46,869 41,667 57,269 52,067 $82,979 $ 73,467 $ 20,200 $ 18,900 960 810 0 190 21,160 19,900 8,800 8,800 29,960 28,700 2,000 2,000 4,000 4,000 6,000 6,000 Retained earnings 47,019 38,767 Total stockholders' equity 53,019 44,767 Total liabilities and stockholders' equity $ 82,979 $ 73,467