value 10.00 points 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 bonds, which were sold at their face value, was 10%. The income tax rate was 40% and the dividend per share of common stock was $0.40 this year. The market value of the company's common stock at the end of the year was $28. 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 $ 1,360 7,000 13,000 2,500 510 9,400 630 Total current assets 24,290 21,370 Property and equipment: Land Buildings and equipment, net 9,300 9,300 52,25441,278 61,554 50,578 $85,844 $71,948 Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued liabilities Notes payable, short term $19,900 $18,000 830 120 970 120 Total current liabilities Long-term liabilities 20,99018,950 9,700 30,690 28,650 Bonds payable 9,700 Total liabilities Stockholders' equity: Common stock Additional paid-in capital 600 4,000 600 4,000 Total paid-in capital Retained earnings 4,600 4,600 50,554 38,698 55,15443,298 $85,844 $71,948 Total stockholders' equity Total liabilities and stockholders' equity