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 $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 Total assets Weller Corporation Comparative Balance Sheet (dollars in thousands) Liabilities and Stockholders' Equity Current liabilities: This Year Last Year $ 1,180 9,000 12,600 $ 1,380 6,700 12,100 660 680 23,440 20,860 10,100 10,100 43,900 41,205 54,000 51,305 $ 77,440 $ 72,165 Accounts payable $ 18,900 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 980 $ 18,500 730 130 130 20,010 19,360 9,500 9,500 29,510 28,860 700 700 4,000 4,000 4,700 4,700 43,230 38,605 47,930 43,305 Total liabilities and stockholders' equity $ 77,440 $ 72,165