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 $27. All of the company's sales are on account Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $1,220 9.400 13,109 $ 1,248 7.000 11.400 580 20.220 720 9.300 Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total sperty and equipment Total sets Liabi.ities and Stockholders' Equity Currt liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Long-term liabilities: $70.522 $18.700 $18.800 8,309 28,299 8,300 28,130 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 4,089 4,600 46,684 51,284 $79,574 609 4,099 4,600 37,792 42,392 $70,522 Last Year $65,000 36,000 29.000 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Sales $76,000 Cost of goods sold 42,000 Gross margin 34,000 Selling and administrative expenses : Selling expenses 10,900 Administrative expenses 6,700 Total selling and administrative expenses 17,600 Net operating income 16,400 Interest expense Net income before taxes Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings 85e 10,900 6,100 17,000 12.ee 83a 11,170 4,468 6,702 45e 6,252 5.57@ 1540 4,468 6,702 450 Income taxes Net income Dividends to common stockholders Net income added to retained earnings Beginning retained earnings Ending retained earnings 6,228 9,342 459 8,892 37,792 $46,684 6,252 31,540 $37,792 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