December 31, 2022 $ 406,000 December 31, 2021 $ 397,000 Total assets 239,946 213,189 28,300 18,200 Total liabilities Interest expense Income tax expense Net income 100,000 93,000 311,650 290,600 (a) Your answer is correct Calculate the debt to total assets ratio for 2021 and 2022. (Round answers to 1 decimal place, eg. 5.2.) 2021 2022 Debt to total assets 53.7 % 59.1 % Attempts: 1 of 3 used Question Part Score 4/4 (b) Calculate the times interest earned ratio for 2021 and 2022. (Round answers to 1 decimal place, eg. 5.2.) 2021 2022 Times interest earned times times Save for Later Attempts: 0 of 3 used Submit Answer Question Part Score --/4