Comparative financial statements for Weller Corporation for the fiscal year ending December 31 appear below. The company did not issue any new common or preferred shares during the year. A total of 820,000 common shares were outstanding. The interest rate on the bond payable was 10%, the income tax rate was 40%, and the dividend per share of common shares was $0.25. The market value of the company's common shares at the end of the year was $17 each. All of the company's sales are on account. WELLER CORPORATION Comparative Balance Sheet (dollars in thousands) Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Year 2 Year 1 $ 1,260 $ 1,560 12,788 9,063 9,570 8,300 1,790 2,000 25,408 20,923