The following data were taken from the financial statements of Hunter Inc. for December 31 of two recent years: Current Year Previous Year $924,000 $800,000 Accounts payable Current maturities al serial bonds payable 200,000 200,000 Serial bonds payable, 10% 1,000,000 1,200,000 250,000 Corumon stock. $10 par value 250,000 Paid-in capital in excess of par 1,250,000 1,250,000 Retained earnings 850,000 500,000 The income before income tax was $480,000 and $420,000 for the current and previous years, respectively, 2. Determine the ratio of liabilities to stockholders' equity at the end of each year. Round to one decimal place Current year Previous year b. Determine the times interest earned ratio for both years. Round to one decimal place Current year Previous year The ratio of abilities to stockholders equity fas Income before income taxes and and the times interest eamed ratio has from the previous year. These results are the combined result interest expense in the current vear compared to the previous year