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 $24. All of the company's sales are on account Heller Corporation Comparative Balance sheet (dollars in thousands) This Year Last Year $ 1,140 10,800 12,600 690 25,230 $ 1,340 7.600 21,600 560 21,100 10,400 39,048 49,448 $ 74,678 10,400 37, 104 47.504 $ 68,604 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 asseta 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 $ 19,300 970 290 20,560 $ 18,300 720 290 19,310 8,100 28.660 8,100 27,410 600 4,000 4.600 41.418 46,018 $ 74,678 600 4,000 4,600 36,594 41,194 $ 68,604 Last Year $ 66,000 38,000 28,000 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Sales $ 70,000 Cost of goods sold 42,000 Gross margin 28,000 Selling and administrative expenses: Selling expenses 11,100 Administrative expenses 7,300 Total selling and administrative expenses 18,400 Net operating income 9,600 Interest expense 810 Net income before taxes 8,790 Income taxes 3,516 Net income 5,274 Dividends to common stockholders 450 Net income added to retained earnings 4,824 Beginning retained earnings 36,594 Ending retained earnings $ 41,418 10,200 7,000 17,200 10,800 810 9,990 3,996 5,994 240 5, 754 30,840 $ 36,594 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