Please show work & explain

Resilient Company has the following financial statement information for the fiscal year ending December 31st, 2017: Current Assets: Current Liabilities: Long-term Assets: Long-term Liabilities: Stockholders' Equity: Net Income: $600,000 $300,000 $300,000 $450,000 $150,000 $325,000 On January 2nd, 2018, Resilient settled a long-term liability of $200,000 with cash. This caused the debt to assets ratio to decrease from ____ to