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Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 3 1 appear below. The company did not issue any new

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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 $21. All of the company's sales are on account.
\table[[\table[[Weller Corporation],[Comparative Balance Sheet],[(dollars in thousands)],[This YearLast Year]]],[\table[[Assets],[Current assets:]]],[Cash,1.250,1250],[Accounts receivable, net,9,900,\table[[1,330],[6,800]]],[Inventory,13,900,12,500],[Prepaid expenses,740,500],[Total current assets,25,790,21,130],[{
\table[[Property and equipment:],[Land]]}],[],[Buildings and equipment, net,48,248,38,316],[Total property and equipment,58,848,48,916],[Total assets,\table[[$
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