LA Comparative financial statements for Wolier Corporation, a merchandising company for the year ending December 31 Charbelow. The company did not in any new common stock during the year. A lot of 700,000 shares of common stock were outstanding. The interest rate on the bond payable was 10%, the income tax was 40%, and the ind per share of common stock was 1075 test your w 5000th year. The market value of the company's common stock at the end of this year was $26. All of the company's soles are on account "Water Corporation Comparative Balance Sheet (dolor in rounds) Assets This Year Last Year Current assets: Cash $1,200 $10 Accounts receivable net 10.000 6,000 Drventory 12.300 11,600 Prepaid expenses 630 Total current at 24070 20240 Property and equipment: 10.100 10.100 Buildings and equipment, et 40239 35.744 Total property and equipment 50.300 46844 Total assets $75,300 $67.074 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 19,700 $ 17,400 Accrued abilities 1.000 710 Notes payable, short term 120 120 Total current dates 20.000 Long-term liabilities: Bonds payable 9.600 9.600 Total liabilities 30 500 27 Stockholders' equity Common stock 700 700 4,000 4000 Additional pald.in capital 4,700 4.700 Total paid in capital Retained earnings 40.100 34.544 Total stockholders' equity 44.800 387244 $75 303 Total liblities and stockholders'equity $ 67 074 Wagon Wallet Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Ses $ 69,000 Cost of goods sold 40.000 Gross margin Selling and administrative expenses: Selling expenses Administrative expenses 2200 Total selling and administrative expenses Net operating income 11.100 Interest expense 460 Net income before takes 10.140 Income taxes 4056 Net Income Dividends to common stockholders 525 Net income added to retained earnings 5559 Beginning retained earnings 34 544 Ending retained earning $ 40,103 29.000 10,700 17:00 Last Year 564000 40.000 24.000 10.500 6.900 17,400 6600 900 5.640 225 200 3,104 31440 $ 34,544 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.) 1. Working capital 2. Current ratio 3. Acid-test ratio