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 960,000 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 $26.00. All of the company's sales are on account. Weller Corporation. Comparative Balance Sheet (dollars in thousands) This Year Last Year nces Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipments 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 10,500 $ 2,036 $ 3,020 16,000 9,050 8,840 1,960 2,420 30,496 23,330 7,600 7,600 20,800 28,400 $ 58,896 $ 11,100 920 460 12,480 6,250 18,730 20,600 28,200 $ 51,530 $ 9,100 1,500 460 11,060 6,250 17,310 960 960 5,000 5,000 Total paid-in capital 5,960 5,960 Retained earnings 34,206 28,260 Total stockholders' equity 40,166 34,220 Total liabilities and stockholders' equity 550,896 $ 51,530