Vicky Corporation reports the following amounts in their 2017 financial statements:

At December 31, 2017 For the Year 2017

Total assets $2,000,000

Total liabilities 1,310,000

Total stockholders equity ?

Interest expense $25,000

Income tax expense 130,000

Net income 150,000

Instructions

(a) Compute the December 31, 2017, balance in stockholders equity.

(b) Compute the debt to assets ratio at December 31, 2017.

(c) Compute times interest earned for 2017.