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 920,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, 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 $24.00. 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 Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 2,772 15,600 10,300 $ 2,930 10,350 8,680 1,920 2,340 30,592 24,300 7,200 7,200 20,200 27,400 Buildings and equipment, net Total property and equipment Total assets Current liabilities: Accounts payable Liabilities and Stockholders' Equity 20,400 27,600 $ 58,192 $ 51,700 Accrued liabilities Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity: $ 10,700 840 $ 8,900 1,300 Notes payable, short term 420 420 11,960 10,620 7,500 7,500 19,460 18,120 Common stock 920 920 Additional paid-in capital 4.800 4.800