Radio Heed, Incorporated's income statement and other financial information for the current year is presented below. Sales revenue Cost of goods sold Gross profit Radio Heed, Incorporated Income Statement For the year ended December 31 Selling, general, and administrative expenses Operating income Interest expense Income before taxes Income tax expense Net income Balance sheet informations Current assets Noncurrent assets Current liabilities Long-term debt Required: $ 250,000 500,000 50,000 100,000 1. Perform vertical analysis of the income statement 2. Calculate the debt-to-assets ratio. 3. Calculate the times interest earned ratio. $159,131 64,360 94,771 11,385 83,306 2,847 00,539 3,414 $77,125