The following information was available for the year ended December 31, 2016: Earnings before interest and taxes (operating income) $ 81,000 Interest expense 17,000 Income tax expense 22,000 Net income 42,000 Total assets at year-end 270,000 Total liabilities at year-end 148,000 Required: a. Calculate the debt ratio at December 31, 2016. (Round your answer to 1 decimal place.) b. Calculate the debt/equity ratio at December 31, 2016. (Round your answer to 2 decimal places.) c. Calculate the times interest earned for the year ended December 31, 2016. (Round your answer to 2 decimal places.)