The following information was available for the year ended December 31, 2016: Earnings before interest and taxes (operating income) Interest expense Income tax expense Net income Total assets at year-end Total liabilities at year-end $ 108,000 26,000 31,000 51,000 360,000 184,000 Required: a. Calculate the debt ratio at December 31, 2016. (Round your answer to 1 decimal place.) Debt ratio % b. Calculate the debt/equity ratio at December 31, 2016. (Round your answer to 2 decimal places.) Debt/Equity ratio times c. Calculate the times interest earned for the year ended December 31, 2016. (Round your answer to 2 decimal places.) Times interest earned times