Need help figuring out part b.

Ratio of Liabilities to Stockholders' Equity and Times Interest Earned The following data were taken from the financial statements of Hunter Inc. for December 31 of two recent years: Previous Current Year Year Accounts payable $346,000 $106,000 Current maturities of serial bonds payable 230,000 230,000 960,000 1,190,000 Serial bonds payable, 10% Common stock, $1 par value Paid-in capital in excess of par 50,000 60,000 560,000 570,000 Retained earnings 1,950,000 1,550,000 The income before income tax expense was $273,700 and $239,500 for the current and previous years, respectively. a. Determine the ratio of liabilities to stockholders' equity at the end of each year. Round to one decimal place. Current year 0.6 Previous year 0.7 b. Determine the times interest earned ratio for both years. Round to one decimal place. Current year 3.9 x Previous year 3.0 X