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 companys common stock at the end of this year was $22. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,280	$ 1,280
Accounts receivable, net	10,100	7,200
Inventory	12,000	11,800
Prepaid expenses	620	610
Total current assets	24,000	20,890
Property and equipment:
Land	9,400	9,400
Buildings and equipment, net	39,896	36,918
Total property and equipment	49,296	46,318
Total assets	$ 73,296	$ 67,208
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 19,900	$ 18,800
Accrued liabilities	1,020	820
Notes payable, short term	290	290
Total current liabilities	21,210	19,910
Long-term liabilities:
Bonds payable	9,700	9,700
Total liabilities	30,910	29,610
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	37,786	32,998
Total stockholders' equity	42,386	37,598
Total liabilities and stockholders' equity	$ 73,296	$ 67,208

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 66,000	$ 64,000
Cost of goods sold	39,000	42,000
Gross margin	27,000	22,000
Selling and administrative expenses:
Selling expenses	10,800	10,600
Administrative expenses	6,500	6,100
Total selling and administrative expenses	17,300	16,700
Net operating income	9,700	5,300
Interest expense	970	970
Net income before taxes	8,730	4,330
Income taxes	3,492	1,732
Net income	5,238	2,598
Dividends to common stockholders	450	240
Net income added to retained earnings	4,788	2,358
Beginning retained earnings	32,998	30,640
Ending retained earnings	$ 37,786	$ 32,998

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.)