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 700.000 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 the year was $28. All of the company's sales are on account. Weller Corporation Comparative Balance sheet dollar in thousands This Year Last Year 5 1,120 10,400 $ 1,270 B, DDD 760 24,380 21,75D 10.6DD 43,140 35,740 $80,720 $70,350 Assets Current watu Cua Jccounts receivable, et ary Prepaid expenses Total entrent saneta Property and equipment Land Daildings and equipment, net Total property and equipment Total at Liabilities and Stockholders' Equity Current liabilities: Recounts payable Recrued liabilities Notes payable, short term Total current liabilities Long-term liabilit Donda payable Total liabilities Stockholders' waity: Common stock Additional paid-in capital Total paid-in capital Retained earning Total stockholders' wuity Total liabilities and stockholders' equity $17, TDD 513,900 910 210 21,020 210 18,740 23,520 27,20 700 4,000 4,700 48,500 31, 200 $10,720 TDD 4.DDD 4,700 30, 410 43, 110 $70,350 eller Corporation Comparative Income Statement and Reconciliation (dollars in thousand) This Year Last Year $72,000 565,000 Coat of goods sold 39.DDD Gens margin 33, DDD 32,000 Selling and distrative expenses Selling en 10,900 10,700 Administrative expenses 6.ED 2.000 Total selling and administrative expense 13700 Het operating in.com 15,500 14,300 Interest wspan Net income before taxes Inese taxe Not in 8,90 3,070 Dividends to stockholders 700 700 But income added to retained earnings 7,370 Beginning retained earnings 38.410 31,040 Inding retained earning $46,500 $38,410 3.300 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 3. Acid-lustratio