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 $27. All of the company's sales are on account This Yeat tast Year $ 1,200 9,300 14,000 700 25,200 $ 1,360 7,000 11,100 690 20,150 Weller Corporation Comparative Balance Sheet (dollars in thounande) Assets Current anseta Cash Accounts receivable, net Inventory Prepaid expenses Total current asset Property and equipment Land Hosidings and equipment, net Total property and equipment Total asseto Liabilities and stockholders' Equity Current liabilities Accounts payable Acered liabilities Notes payable, short term Total current liabilities Long-term liabilities: Bonde payable Total liabilities Stockholders equitys Common stock Additional paid.in capital Sotal paid in capital Retained earnings Total stockholders equity Total Isabilities and stockholders equity 10,900 47,474 50, 374 $83,574 10,900 43,692 54292 $74,942 $19, 100 $19.700 970 o 20,670 880 140 20,120 9,300 29,970 9,300 22,429 2.000 9.000 6,000 42.604 52.600 503, 574 2,000 4.000 6,000 39 522 45,522 574,942