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 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 $26. All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dollars in thousands This Yeat taster 51,220 9.400 Assets Current assets counts receivable net Tentory Prepaid penses Total current assets Property and equipment $ 1,10 7.100 11,900 14, 25.370 21,220 Bulldings and equipment.net Total property and carpent 9.30 42.53 52 253 577,621 9,300 40.30 4.676 570,094 Liabilities and Stockholders' Equity Current wollten Accounts payable Accred silities sayahit, short term 519.40 1.000 $10,100 80 20,750 20,460 8,100 28,850 8,100 28,560 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 600 4,000 4,600 44,178 48,778 $77,628 600 4,000 4,600 37,734 42,334 $70,894 Last Year $64,000 34,000 30,000 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Sales $70,000 Cost of goods sold 40,000 Gross margin 30,000 Selling and administrative expenses: Selling expenses 11,000 Administrative expenses 6,700 Total selling and administrative expenses 17,700 Net operating income 12,300 Interest expense 810 Net income before taxes 11,490 Income taxes 4.596 Net income 6,894 10,800 6,500 17,300 12,700 810 11,899 4,756 7,134 Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings 6,894 450 6,444 37,734 $44,178 7,134 240 6,894 30,840 $37,734 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