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 1,000,000 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 $28. 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 $ 1,300 $ 1,610 16,400 9,250 10,700 9,000 2,000 2,500 30,400 22,360 8,000 8,000 21,200 29,200 21,000 29,000 $ 59,600 $ 51,360 $ 11,500 1,000 500 $ 9,300 1,700 500 13,000 11,500 5,000 5,000 18,000 16,500 1,000 1,000 5,200 5,200 6,200 6,200 35,400 28,660 41,600 34,860 Total liabilities and stockholders' equity $ 59,600 $ 51,360 Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity