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 $29. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year	Last Year
Assets
Current assets:
Cash	$ 1,100	$ 1,250
Accounts receivable, net	10,000	7,000
Inventory	13,200	11,000
Prepaid expenses	750	550
Total current assets	25,050	19,800
Property and equipment:
Land	10,600	10,600
Buildings and equipment, net	41,304	36,342
Total property and equipment	51,904	46,942
Total assets	$ 76,954	$ 66,742
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 20,500	$ 17,500
Accrued liabilities	990	840
Notes payable, short term	250	250
Total current liabilities	21,740	18,590
Long-term liabilities:
Bonds payable	8,800	8,800
Total liabilities	30,540	27,390
Stockholders' equity:
Common stock	600	600
Additional paid-in capital	4,000	4,000
Total paid-in capital	4,600	4,600
Retained earnings	41,814	34,752
Total stockholders' equity	46,414	39,352
Total liabilities and stockholders' equity	$ 76,954	$ 66,742

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year	Last Year
Sales	$ 75,000	$ 65,000
Cost of goods sold	43,000	41,000
Gross margin	32,000	24,000
Selling and administrative expenses:
Selling expenses	11,300	10,500
Administrative expenses	7,300	6,200
Total selling and administrative expenses	18,600	16,700
Net operating income	13,400	7,300
Interest expense	880	880
Net income before taxes	12,520	6,420
Income taxes	5,008	2,568
Net income	7,512	3,852
Dividends to common stockholders	450	240
Net income added to retained earnings	7,062	3,612
Beginning retained earnings	34,752	31,140
Ending retained earnings	$ 41,814	$ 34,752

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.)