Beech Company provided the following income statement for last year:

Sales............. $ 24,350,735

Cost of goods sold...........15,300,000

Gross margin.............. $ 9,050,735

Operating expenses...................... 4,910,685

Operating income..................... $ 4,140,050

Interest expenses............................ 487,015

Net income before taxes....... $ 3,653,035

Income taxes............. 1,461,214

Net income............ $ 2,191,821

Required:

Calculate the times-interest-earned ratio. Round the answer to one decimal place.