PLEASE HELP FIND THE RIGHT ANSWERS WITH EXPLANATION. MY ANSWERS ARE WRONG

Comparative financial statements for Weller Corporation, a merchandising company, for the fiscal year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 700,000 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 $0.50. The market value of the company's common stock at the end of the year was $30. 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 Accounts receivable, net Inventory Prepaid expenses $ 1,260 $ 1,260 7,700 13,700 2,100 560 10,700 620 Total current assets 26,280 21,620 Property and equipment: Land Buildings and equipment, net 10,300 10,300 50,340 41,028 60,640 51,328 $86,920 $72,948 Totalpoperty and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued liabilities $19,000 $18,700 870 300 960 300 Notes payable, short term Total current liabilities Long-term liabilities 20,260 19,870 9,200 9,200 29,460 29,070 Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital 700 4,000 700 4,000 4,700 4,700 Total paid-in capital Retained earnings 52,760 39,178 57,460 43,878 $86,920 $72,948 Total stockholders' equity Total liabilities and stockholders' equity