Comparative financial statements for Weller Corporation, a merchandising company, for the fiscal 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 bonds, which were sold at their face value, was 10%. The income tax rate was 40% and the dividend per share of common stock was $1.25 last year and $0.90 this year. The market value of the companys common stock at the end of the year was $24. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,080		$	1,280
Accounts receivable, net		9,500			6,500
Inventory		12,900			11,600
Prepaid expenses		650			630
Total current assets		24,130			20,010
Property and equipment:
Land		10,800			10,800
Buildings and equipment, net		41,811			38,363
Total property and equipment		52,611			49,163
Total assets	$	76,741		$	69,173
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	18,500		$	19,200
Accrued liabilities		950			770
Notes payable, short term		300			300
Total current liabilities		19,750			20,270
Long-term liabilities:
Bonds payable		9,700			9,700
Total liabilities		29,450			29,970
Stockholders' equity:
Common stock		700			700
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,700			4,700
Retained earnings		42,591			34,503
Total stockholders' equity		47,291			39,203
Total liabilities and stockholders' equity	$	76,741		$	69,173

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	73,000		$	65,000
Cost of goods sold		40,000			40,000
Gross margin		33,000			25,000
Selling and administrative expenses:
Selling expenses		10,600			10,400
Administrative expenses		6,900			6,400
Total selling and administrative expenses		17,500			16,800
Net operating income		15,500			8,200
Interest expense		970			970
Net income before taxes		14,530			7,230
Income taxes		5,812			2,892
Net income		8,718			4,338
Dividends to common stockholders		630			875
Net income added to retained earnings		8,088			3,463
Beginning retained earnings		34,503			31,040
Ending retained earnings	$	42,591		$	34,503

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.)