The following items are from the financial statements of Tall Oak Company.

Compute Tall Oak's debt-to-equity ratio and interest coverage ratio for 2018 and 2019. Comment on Tall Oak's solvency and changes in solvency from 2018 to 2019.

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2018 2019 Item Total I abilities $450,000 $4 14,000 Total stockho ders equily Net income 634,000 621,000 61,000 63,000 Tax expense Interest expense Interest paid 18,900 13,500 18,300 12,420 13,660 12,100