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 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 $ 1,100 $ 1,240 Accounts receivable, net 9,600 7,600 Inventory 13,800 11,000 Prepaid expenses 690 580 Total current assets 25, 190 20, 420 Property and equipment: Land 9,100 9.100 Buildings and equipment, not 44.100 37324 Total property and equipment 53,208 46,494 Total assets $78,398 $66,914 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $18,800 $19,300 Accrued liabilities 960 820 Notes payable, short teen 250 250 Total current liabilities 20.010 20,370 Long-term 11abilities Bonde payable 9.100 2.100 Total liabilities 29.110 29.470 Stockholders' equity Common stock 600 600 Additional paid-in capital 4,000 4.000 Total paid in capital 4,600 Retained earnings 44.600 32,044 Total stockholders' equity 49.200 32.444 Total liabilities and stockholders equity 078.390 166,914 Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $ 73,000 $64,000 Cost of goods sold 34,000 42,000 Gross margin 39,000 22,000 Selling and administrative expenses: Selling expenses 11,000 10,400 Administrative expenses 6,600 6,600 Total selling and administrative expenses 17,600 17,000 Net operating income 21,400 5,000 Interest expense 910 910 Net income before taxes 20,490 4,090 Income taxes 8,196 1,636 Net income 12,294 2,454 Dividends to common stockholders 450 450 Net income added to retained earnings 11, 844 2,004 Beginning retained earnings 32, 844 30,840 Ending retained earnings $44,688 $32, 844 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