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 700,000 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 company's common stock at the end of this year was $26. All of the company's sales are on account. Weller Corporation Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses $ 1,240 10,700 12,300 740 24,980 1,360 7,200 12,100 590 21,250 Total current assets Property and equipment: Land 9,700 42,738 38,144 52,438 47,844 $77,418 $69,094 9,700 Buildings and equipment, net Total property and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term $19,400 $19,000 880 280 20,160 930 280 20,610 Total current liabilities Long-term liabilities: 9,100 29,260 Bonds payable 9,100 29,710 Total liabilities Stockholders' equity: Common stock 700 4,000 4,700 35,134 47,76839,834 $77,418 $69,094 700 4,000 4,700 Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders" equity 43,008 3 47,708 Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year $67,000 $64,000 34,000 38,000 Sales Cost of goods sold Gross margin Selling and administrative expenses: 33,000 26,000 Selling expenses 10,500 10,600 7,3006,300 Administrative expenses Total selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes Net income Dividends to common stockholder:s Net income added to retained earnings Beginning retained earnings Ending retained earnings 17,800 17,100 8,900 910 7,990 5,716 3,196 4,794 700 4,094 31,040 $43,008 $35,134 15,200 910 14,290 8,574 700 7,874 equired ompute the following financial data and ratios for this year: . Working capital. (Enter answer in thousands.) 2. Current ratio. (Round your answer to 2 decimal places.) . Acid-test ratio. (Round your answer to 2 decimal places.) 1. Working capital 2.Current ratio 3. Acid-test ratio