Comparative financial statements for Weller Corporaton, 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 500,000 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 $075 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $22 All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Asset Current asseta Cash Accounts receivable, net Inventory Prepaid expenses 1,1101,390 ,700 12, 000 650 5 230 21,740 9, 500 13,900 720 Total current a Property and equipment Land Buildings and equipment, net 10, 000 10, 000 43,508 35,951 3,508 Total property and equipment Total assets Liabilities and Stookholders Equity 78,738 67,691 Current 1iabi1ities 19,700 $18,300 890 200 20, 860 19, 390 Accounts payable Accrued 1iab1lities 960 200 Notes payable, short term Total current 1iabilities Long-term 11abilities 9, 400 28,790 9, 400 Bonds payable Total 11abi1itie Stockhoiders' equity 30,260 500 4, 500 500 Common stock Additional paid-in capital Total paid-in capita Retained earninga Total atockholders equity Total liabilities and stockholders' equity 4,000 ,000 ,500 34,401 48,478 38,901 43,978 78,738 $67,69 Weller Corporation Comparative Income Statement and Reconc11iation dalara in thousands)