SmartCo. has the following selected information for 20X6 and 20x7. Interest expense Income taxes Cash flow from operations Finance lease payments Principal repayments 20x7 20X6 $ 42,780 $ 52,800 $207,5ee $212, 300 $589,100 $872,800 $299,880 $625,800 $168,100 $272,4ee The company pays taxes at the rate of 22% Required: a. Calculate the times-debt-service-earned ratio for 20x6 and 20x7. (Use 365 days in a year. Do not round your intermediate calculations and round your final answers to 1 decimal place.) 20x7 20X6 Times-debl-service-earned