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 $27. 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 Notes payable, short term Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital $ 1,260 10,400 13,100 $ 1,320 8,200. 11,300 670 650 25,430 21,470 10,700 10,700 51,991 39,647 62,691 50,347 $88,121 $ 71,817 $ 18,600 1,070 290 $ 17,800 850 290 19,960 18,940 9,300 9,300 29,260 28,240 700 700 4,000 4,000 Total paid-in capital 4,700 4,700 Retained earnings 54,161 38,877 Total stockholders' equity 58,861 43,577 Total liabilities and stockholders' equity $88,121 $ 71,817