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. 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 Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 1,220 10,700 12,300 $ 1,320 7,900 12,200 630 640 24,850 22,060 9,900 9,900 44,072 53,972 37,996 47,896 $ 78,822 $ 69,956 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 $ 19,400 950 290 20,640 9,900 30,540 $ 17,700 840 290 18,830 9,900 28,730 600 600 4,000 4,000 4,600 4,600 43,682 36,626 48,282 41,226 Total liabilities and stockholders' equity $ 78,822 $ 69,956