Required information [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow, Current Year 1 Year Ago 2 Years Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity $ 34,077 99,743 121,720 10,974 305, 342 $ 571,856 $ 39,833 69,017 88,465 10,249 285,415 $ 492,979 $ 40,256 55,334 60,717 4,519 258,374 $ 419,200 $ 142,392 105,359 162,500 161,605 $ 571,856 $ 83,313 114,519 162,500 132, 647 $ 492,979 $ 54,228 90,790 162,500 111,682 $ 419,200 The company's income statements for the current year and one year ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense TA Current Year $ 743,413 $ 453,482 230, 458 12,638 9,664 906 94 1 Year Ago $ 586,645 $ 381,319 148,421 13,493 8,800 23 The company's income statements for the current year and one year ago, follow For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net Income Earnings per share Current Year 5743,413 $453,482 230,458 12,638 9,664 706, 242 $ 37,171 $ 2.29 1 Year Ago $ 586,645 $ 381,319 148,421 13,493 8.800 552,033 $ 34,612 $ 2.13 (3-0) Compute times interest earned for the current year and one year ago (3-6) 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 Compute times interest earned for the current year and one year ago omplete this question by entering your answers in the tabs below. quired 3A Required 38 mpute times interest earned for the current year and one year ago Times Interest Emned Numerator: Income before interest expense and income tax expense Times Interest Earned Denominator: Interest expense Times interest earned 0 times rrent Year: Year Ago: 1 1 0 times Required 3B >