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 $25. All of the company's sales are on account. Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $1,250 10,100 $1,410 6,800 13,100 770 11,400 630 25,220 20,240 9,500 9,500 Land: Buildings and equipment, net 47,780 42,000 Total property and equipment 57,280 51,500 Total assets $ 82,500 $ 71,740 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities $ 19,500 1,030 300 $ 17,800 760 20,830 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 300 18,860 9,000 29,830 9,000 27,860 600 600 4,000 4,000 4,600 4,600 48,070 39,280 Total stockholders' equity 52,670 43,880 Total liabilities and stockholders' equity $ 82,500 $ 71,740 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year $ 69,000 Last Year $ 65,000 Sales Cost of goods sold 35,000 33,000 Gross margin 34,000 32,000 Selling and administrative expenses: Selling expenses 11,100 10,200 Administrative expenses 6,600 6,600 Total selling and administrative expenses 17,700 16,800 Net operating income 16,300 15,200 Interest expense 900 900 Net income before taxes 15,400 14,300 Income taxes 6,160 5,720 Net income 9,240 8,580 Dividends to common stockholders 450 240 Net income added to retained earnings Beginning retained earnings Ending retained earnings 8,790 39,280 8,340 30,940 $ 48,070 $ 39,280 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