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. Weller Corporation Comparative Dalance Sheet (dollars in thousands) This et fast Year Assets Current assets Canh 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 Liabilitioni nonds payable Total liabilities Stockholders equity Common stock $1,100 10,800 $1,370 13,000 6,700 11,700 720 700 26,420 20,420 9,100 9,100 44,374 40,147 53.474 49,247 $ 79,994 569,717 $ 18,000 $ 10,000 930 300 300 20,030 19,980 9,300 9,300 29,330 29,280 Additional paid-in capital 700 4,000 700 4,000 Prey 2 of 5 Next >