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 500,000 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 $30. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,100	$ 1,220
Accounts receivable, net	10,600	7,600
Inventory	13,000	11,000
Prepaid expenses	660	580
Total current assets	25,360	20,400
Property and equipment:
Land	10,000	10,000
Buildings and equipment, net	38,943	39,104
Total property and equipment	48,943	49,104
Total assets	$ 74,303	$ 69,504
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,800	$ 19,100
Accrued liabilities	1,100	820
Notes payable, short term	290	290
Total current liabilities	21,190	20,210
Long-term liabilities:
Bonds payable	8,100	8,100
Total liabilities	29,290	28,310
Stockholders' equity:
Common stock	500	500
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,500	4,500
Retained earnings	40,513	36,694
Total stockholders' equity	45,013	41,194
Total liabilities and stockholders' equity	$ 74,303	$ 69,504

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 66,000	$ 65,000
Cost of goods sold	40,000	37,000
Gross margin	26,000	28,000
Selling and administrative expenses:
Selling expenses	11,200	10,200
Administrative expenses	7,000	6,400
Total selling and administrative expenses	18,200	16,600
Net operating income	7,800	11,400
Interest expense	810	810
Net income before taxes	6,990	10,590
Income taxes	2,796	4,236
Net income	4,194	6,354
Dividends to common stockholders	375	200
Net income added to retained earnings	3,819	6,154
Beginning retained earnings	36,694	30,540
Ending retained earnings	$ 40,513	$ 36,694

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