Given the following information, evaluate the solvency of this company: Total assets $361,000 Total liabilities $219,500 Net income before interest or taxes $14,600 Interest expense $4,250 Industry standard debt ratio = 70% Industry standard times interest earned = 6.5 Select one: O a. The company has more assets financed by equity than industry standard, but is relatively better positioned to meet its debt payments O b. The company is less highly leveraged than industry standard, and in a relatively worse position to pay its borrowing costs O c. The company is more highly leveraged than industry standard, but is relatively better positioned to meet its debt payments O d. The company is less leveraged than industry standard, but is relatively better positioned to meet its debt payments