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 600,000 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 $22. 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 Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 1,200 $ 1,220 10,000 13,200 740 7,400 12,300 670 25,140 21,590 9,400 9,400 46,542 38,376 55,942 47,776 $ 81,082 $ 69,366 $ 19,300 $ 18,400 1,000 200 870 200 20,500 19,470 9,400 9,400 29,900 28,870 600 600 4,000 4,000 4,600 4,600 46,582 35,896 51,182 40,496 $ 81,082 $ 69,366