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 $25. 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 Total current liabilities Long-term liabilities: Bonds payable Total liabilities Notes payable, short term 13,800 610 $ 1,140 10,800 $ 1,280 8,200 12,600 620 26,350 22,700 9,000 9,000 42,402 51,402 $ 77,752 $ 70,446 38,746 47,746 $ 19,400 1,000 230 $ 18,000 710 230 20,630 18,940 9,900 9,900 30,530 28,840 Stockholders' equity: Common stock 600 Additional paid-in capital 4,000 600 4,000