Required: Dividends of $16,000 were declared and paid in year 2 . a. Compute the current ratio for year 2 and year 1. Note: Round your answers to 1 decimal place. b. Compute the debt ratio for year 2 and year 1. Note: Round your percentage answers to nearest whole percent. i.e. 0.1234 as 12%. c. Compute the earnings per share for year 2 . Note: Round your answer to 2 decimal places