Question: Please show all work Check my work 3 Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below.

Please show all work  Please show all work Check my work 3 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

Check my work 3 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 1,000,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, 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 this year was $28.00. All of the company's sales are on account. Well Corporation Comparative Balance Sheet dollars in thousanda) This Year Last Year Assets Current assetsi Cash Accounta receivable, net Inventory Prepaid expenses $ 1,300 1,610 16,4009,250 9,000 2,0002,500 022,360 10,700 Total eurrent assets Property and equipmenti 30P 300 8,000 Land 8,000 Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities 21.200 21,000 29,200 29,000 $59,600 $51.360 Accounts payable Accrued liabilities $11,500 9,300 1,700 500 11.000 11,500 1,000 500 Notes payable, short tern Total eurrent liabilities Long-tern liabilities:

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