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 company's common stock at the end of this year was $21. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 1,160 9,7ee 12,800 670 24,330 $ 1,250 7,280 11,180 780 20, 25e 9,680 42,949 52,540 $76,870 9,680 36,9ee 46,580 $66,250 Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land 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-term liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $20, 380 970 220 21,490 $17,980 860 220 18,989 8,580 29,990 8.5ee 27,480 789 4,080 4,789 42,180 46,880 $76,870 790 4,08 4,780 34,578 39,270 $66,750 Last Year $65,000 48,eee 25,000 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Sales $78,888 Cost of goods sold 38,080 Gross margin 32,080 Selling and administrative expenses: Selling expenses 19,880 Administrative expenses 6,5ee Total selling and administrative expenses 17,380 Net operating income 14,78 Interest expense 850 Net income before taxes 13,850 Income taxes 5,540 Net income 8,310 Dividends to common stockholders 700 Net income added to retained earnings 7,610 Beginning retained earnings 34,57 Ending retained earnings $42,180 19,700 6,480 17,180 7,980 85e 7,850 2,820 4,230 780 3,530 31,840 $34,570 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.) 1. Working capital 2. Current ratio 3. Acid-test ratio