Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any now 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 50,75 last year and 50 40 this year. The market value of the company's common stock at the end of the year was $27. All of the combany's sales are on account Well Corporation Comparative Balance Sheet (dollar in thousands) Assets Current assets: Cash Accounts receivable net Inventory Prepaid expenses Total current assets Property and equipment Land Buildings and equipment, et Total property and equipment Total assets Liabilities and Stockholders Equity Current Itabilities $.1.170 0,900 13.000 60 25150 3 1,400 6,600 10,0 $10 292410 10.600 07 10.600 120 572,740 Check my work 519.60 10 11,400 150 10410 YOL Liabilities and Stockholders Equity Current Italities Accounts payable Acord Lab Notes payable short ter Total turcent Hallit Long-term asties Honds payable Total liabilities Stockholdersequity Contock Aional paid in capital Total pain capital Wutained in Total stockholders' equity Total abilities and stockholders uity 2100 290 2.100 2851 Sod 4. 3,500 45 35230 2018 Willor corporation Contrative Income Stent and Reconciliation (Hollars in thousands Thwart 160.000 566,00 Cont of moodsald 000 Gressoren 7, 27,000 Selline and dinistrative 23.000 27,000 10.ge 10,200 17,600 16700 10,300 910 Gross martin Selling and administrative expensest Selling expenses Administrative expenses Total selling and administrative expenses Net operating income Interest expense Net Income before taxes Income taxe Not income Dividends to common stockholders Net Incone added to retained earnings Beginning retained earnings Einding retained earnings 4.490 1.796 2.694 175 2.310 35,099 $38,318 2.250 5,630 17 5,20 30740 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 placet.) 1. Working capital 2 Current ratio 3. Acid-test ratio