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 company's common stock at the end of this year was $21. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year $ 1,140 9,200 12,100 760 23,200 $ 1,260 7,500 10,900 660 20,320 10,000 46,161 56,161 $ 79,361 10,000 39,138 49,138 $ 69,458 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 assets 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 $ 18,900 990 150 20,040 $ 18,800 730 150 19,680 8,700 28,740 8,700 28,380 500 4,000 4,500 46,121 500 4,000 4,500 36,578 41,078 $ 69,458 50,621 $ 79,361 Last Year $ 64,000 37,000 27,000 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Sales $ 75,000 Cost of goods sold 39,000 Gross margin 36,000 Selling and administrative expenses: Selling expenses 11,300 Administrative expenses 7,300 Total selling and administrative expenses 18,600 Net operating income 17,400 Interest expense 870 Net income before taxes 16,530 Income taxes 6,612 Net income 9,918 Dividends to common stockholders 375 Net income added to retained earnings 9,543 Beginning retained earnings 36,578 Ending retained earnings $ 46,121 10,700 6,200 16,900 10,100 870 9,230 3,692 5,538 200 5,338 31,240 $ 36,578 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