Selected items from successive annual reports of Middlebrook, Inc., appear as follows. Dividends of $16,000 were declared and paid in year 2 . a. Compute the current ratio for year 2 and year 1 . (Round your answers to 1 decimal place.) b. Compute the debt ratio for year 2 and year 1 . (Round your percentage answers to nearest whole percent. l.e, 0.1234 as 12%.) c. Compute the earnings per share for year 2. (Round your answer to 2 decimal places.)