Hyrkas Corporation's most recent balance sheet and income statement appear below. Statement of Financial Position December 31 Year 2 and Year 1 in thousands of dollars) Year 2 Year 1 Asset Current assets Cash Accounts receivable Inventory Prepaid expenses $ 120 $ 130 230 240 130 25 25 120 Total current assels Plant and equipment, net 505 888 515 868 Total assets $ 1,393 $1383 Liabilities and stockholders' equity Current liabilities Accounts payable Accrued liabilities Notes payable short term $ 180 $ 170 70 70 120 130 370 Total current liabilities Bonds payable 370 210 260 Total liabilities 580 630 Stockholders' equity Common stock. $1 par value Additional paid-in capital-common stock Retained earnings 100 110 603 100 110 555 Total stockholders' equity 813 765 Total liabilities and stockholders' equity $1,393 51 395 Income Statement For the Year Ended December 31, Year 2 (in thousands of dollars) Sales (all on account) $1,440 Cost of goods sold 872 Gross margin Selling and administrative expenses 568 372 Net operating income Interest expense 196 53 Net income before taxes Income taxes (30%) 143 43 Net income $ 100 p. Compute the times interest earned for Year 2. (Round your answer to 2 decimal places.) Times interest eamed q. Compute the debt-to-equity ratio for Year 2 (Round your answer to 2 decimal places. e.g. 0.1234 - 0.12) Debt-to-equity ratio