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 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 $0.75 last year and $0.40 this year. The market value of the companys common stock at the end of this year was $27. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,110		$	1,370
Accounts receivable, net		10,600			7,100
Inventory		12,300			12,300
Prepaid expenses		640			500
Total current assets		24,650			21,270
Property and equipment:
Land		10,000			10,000
Buildings and equipment, net		42,434			38,392
Total property and equipment		52,434			48,392
Total assets	$	77,084		$	69,662
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	19,400		$	19,400
Accrued liabilities		970			720
Notes payable, short term		150			150
Total current liabilities		20,520			20,270
Long-term liabilities:
Bonds payable		9,800			9,800
Total liabilities		30,320			30,070
Stockholders' equity:
Common stock		700			700
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,700			4,700
Retained earnings		42,064			34,892
Total stockholders' equity		46,764			39,592
Total liabilities and stockholders' equity	$	77,084		$	69,662

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	73,000		$	65,000
Cost of goods sold		41,000			40,000
Gross margin		32,000			25,000
Selling and administrative expenses:
Selling expenses		11,400			10,100
Administrative expenses		6,500			6,500
Total selling and administrative expenses		17,900			16,600
Net operating income		14,100			8,400
Interest expense		980			980
Net income before taxes		13,120			7,420
Income taxes		5,248			2,968
Net income		7,872			4,452
Dividends to common stockholders		700			700
Net income added to retained earnings		7,172			3,752
Beginning retained earnings		34,892			31,140
Ending retained earnings	$	42,064		$	34,892

Required:

Compute the following financial data and ratios for this year:

1. Working capital. (Enter answer in thousands.)

2. Current ratio. (Round your answer to 2 decimal places.)

3. Acid-test ratio. (Round your answer to 2 decimal places.)