Simon Company's year-end balance sheets follow. 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 Current Year 1 Year Ago 2 Years Ago 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 \$ 386,646 196,492 $633,846 10,775 8,240 1 Year Ago $500,183 \$ 325,119 126,546 11,504 7,503 $31,693 (3-a) Compute times interest earned for the current year and one year ago. (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. \begin{tabular}{|l|l|} \hline Required 3A & Required 3B \\ \hline \end{tabular} Compute times interest earned for the.current year and one year ago