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 900,000 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 $23.00. 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 $ 240 $ 510 Accounts receivable, net 15,400 10,250 Inventory 10,200 8,600 Prepaid expenses 1,900 2,300 Total current assets 27,740 21,660 Property and equipment: Land 7,000 7,000 Buildings and equipment, net 20,200 20,000 Total property and equipment 27,200 27,000 Total assets $ 54,940 $ 48,660 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 10,500 $ 8,800 Accrued liabilities 800 1,200 Notes payable, short term 400 400 Total current liabilities 11,700 10,400 Long-term liabilities: Bonds payable 5,000 5,000 Total liabilities 16,700 15,400 Stockholders' equity: Common stock 900 900 Additional paid-in