Comparative financial statements for Weller Corporation, a merchandising company, for the fiscal 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 bonds, which were sold at their face value, was 10%. The income tax rate was 40% and the dividend per share of common stock was $1.00 last year and $0.65 this year. The market value of the company's common stock at the end of the year was $23. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash $ 1,200 $ 1,240 Accounts receivable, net 10.700 7.000 Inventory 12,300 11,000 Prepaid expenses 730 590 Total current assets 24.930 19,830 Property and equipment: Land 9,100 9,100 Buildings and equipment, net 43,088 39,324 52,188 48,424 Total property and equipment Total assets $77,118 $68,254 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Long-term liabilities: Bonds payable $19,200 $19,300 1,080 900 240 240 20,520 20,440 8,100 8,100 Total liabilities 28,620 28,540 600 4,000 600 4,000 Stockholders' equity: Common stock Additional pald-in capital Total paid-in capital Retained earnings 4,600 43.898 4,600 35,114 Total stockholders' equity 48,498 39,714 Total liabilities and stockholders' equity $77,118 $ 68,254 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $76,000 $65,000 Cost of goods sold 42,000 40,000 Gross margin 34,000 25,000 Selling and administrative expenses: Selling expenses Administrative expenses 11,400 6,500 10,100 6,800 Total selling and administrative expenses 17,900 16,900 Net operating income Interest expense 16,100 810 8,100 810 Net income before taxes Income taxes 15,290 6,116 7,290 2,916 Net income Dividends to common stockholders 9.174 390 4,374 600 Net income added to retained earnings Beginning retained earnings 8.784 35.114 3,774 31,340 Ending retained earnings $43,898 $ 35,114 Required: Compute the following financial data and ratios for this year: 1. Working capital. (Enter your answer in thousands) Working capital 2. Current ratio. (Round your answer to 2 decimal places.) Current ratio 3. Acid-test ratio. (Round your answer to 2 decimal places.) Acid-test ratio