Weller Corporation Comparative Income Statement and Reconciliation dollars in thousands) This Year Last Year Sales Cost of goods sold $68,000 $65,000 42,00035,000 Gross margin 26,000 30,000 Selling and administrative expenses: Selling expenses Administrative expenses 10,700 10,300 6,7006,300 17,400 16,600 8,600 13,400 Total selling and administrative expenses Net operating income Interest expense 830 830 7,770 12,570 Net income before taxes Income taxes 3,108 5,028 4,662 7,542 Net income Dividends to common stockholders 240 450 4,4227,092 Net income added to retained earnings Beginning retained earnings 38,032 30,940 Ending retained earnings $42,454 $38,032 Required: Required: Compute the following financial ratios for this year: 1. Times interest eamed ratio. (Round your answer to 1 decimal place.) 2. Debt-to-equity ratio. (Round your answer to 2 decimal places.) Debt-to-equity ratio 3. Equity multiplier. (Round your answer to 2 decimal places.) Equity multiplier