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 the year was $26. All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dollars in thousands) ed This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment Land S 1,190 10,500 12,500 770 1,350 7,300 11,000 olk 560 20,210 24,960 nt 10,000 39.602 10,000 47,156 57,156 Buildings and equipment, net Total property and equipment 49,602 $69,012 $82,116 Total assets Int Liabilities and Stockholders' Equity Current 1iabilities: $19,000 B00 $19,900 Accounts payable Acerued liabilities Notes payable, short term Total current liabilities Long-term 1iabilitios Bonds payable Total liabilities 1,020 ences 260 260 21,180 20,060 9,300 30,480 9,300 29.360 Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders oquity Total liabilities and otockholders equity 600 600 4,000 4,600 4.000 4,600 47,036 35,052 40,452 51,636 $69,812 S82,116 Next > 4 of 7 4 of 7