Comparative financial statements for Weller Corporation, a merchandising company, fok 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 bond payable was 10%, 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 the year was $27. All of the company's sales are on account Heller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 1,180 10,400 13,800 670 26,050 $ 1,300 7.400 11,300 526 20,520 + 10,100 40,854 50,964 $77,014 10,100 34,542 44,642 $65.162 ances Assets Current assets Canh Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment tand Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Long-ters liabilities Bonds payable Total liabilities Stockholders' equity Canon tock Additional paid-in capital Total pald-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $19,500 960 210 018,900 700 270 19,70 20,730 8.00 29,030 8,300 20, 170 600 4.000 4.600 43,384 47.986 577.014 600 4.000 4,600 32222 36.992 $69,162 . Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $75,000 $64,000 Cost of goods sold 37,000 42,000 Gross margin 38,000 22,000 Selling and administrative expenses : Selling expenses 11,300 10,800 Administrative expenses 6,800 6,700 Total selling and administrative expenses 18,100 17,500 Net operating income 19,900 4,500 Interest expense 830 930 Net income before taxes 19,070 3,670 Income taxes 7,628 1,468 Net income 11,442 2,202 Dividends to common stockholders 450 450 Net income added to retained earnings 10,992 1,752 Beginning retained earnings 32,392 .30,640 Ending retained earnings $43,384 $32,392 nces Required: Compute the following financial data and ratios for this year: 1. Working capital. (Enter your answer in thousands.) 2. Current ratio. (Round your answer to 2 decimal places.) 3. Acid-test ratio. (Round your answer to 2 decimal places.) 1. Working capital 2. Current ratio 3. Acid-test ratio