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 companys common stock at the end of this year was $23. All of the companys sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash $ 1,200 $ 1,380 Accounts receivable,

Inventory	13,900	11,500
Prepaid expenses	600	700
Total current assets	25,400	21,480
Property and equipment:
Land	10,000	10,000
Buildings and equipment, net	44,587	41,296
Total property and equipment	54,587	51,296
Total assets	$ 79,987	$ 72,776
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 20,300	$ 19,000
Accrued liabilities	990	890
Notes payable, short term	220	220
Total current liabilities	21,510	20,110
Long-term liabilities:
Bonds payable	9,900	9,900
Total liabilities	31,410	30,010
Stockholders' equity:
Common stock	500	500
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,500	4,500
Retained earnings	44,077	38,266
Total stockholders' equity	48,577	42,766
Total liabilities and stockholders' equity	$ 79,987	$ 72,776

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)

Sales	$ 69,000	$ 65,000
Cost of goods sold	40,000	35,000
Gross margin	29,000	30,000
Selling and administrative expenses:
Selling expenses	10,900	10,900
Administrative expenses	6,800	6,400
Total selling and administrative expenses	17,700	17,300
Net operating income	11,300	12,700
Interest expense	990	990
Net income before taxes	10,310	11,710
Income taxes	4,124	4,684
Net income	6,186	7,026
Dividends to common stockholders	375	200
Net income added to retained earnings	5,811	6,826
Beginning retained earnings	38,266	31,440
Ending retained earnings	$ 44,077	$ 38,266

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.)