Required information The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow, Current Yel Yr Ago 2 Yes Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant annet.net Total asset Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant anneta Common stock, $10 par value Retained earning Total liabilities and equity $ 31,800 $ 35,625 $ 37,800 89,500 62,500 50,200 112,500 82,500 54,000 10,700 9,375 5,000 278,500 255,000 230 500 $523,000 $445,000 $377,500 $129,900 $ 75,250 $ 51,250 98,500 101,500 83,500 163,500 163,500 163,500 131,100 104,250 79,250 $523,000 $445,000 $377,500 The company's income statements for the current year and 1 year ago, follow, Tor Year Ended December 31 Sales Coat of goods sold Other operating expenses Interest expense Income tax expense al not Current Yr $673,500 $411,225 209,550 12,100 9,525 642.400 1 Yr Ago $ 532,000 $345,500 134,980 13,300 8,845 502.625 Required 3A Required 38 Times Interest earned Timer Internal Earned Choone Denominatori Choc Numarator Timnas Interest Earned Times interest eamed Current Year: 1 Year Ago: times times 5 Required 38 > 3-a) Times interest earned. 3-b) Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 3A Required 38 Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Timnas Interested Required 3A and a