1. Zoom Corp. had total assets of $2,500,000, a BEP (basic earning power) ratio of 20%, depreciation charges of $50,000, and amortization charges of $30,000 last year. The corporation had interest charges of $15,000, made lease payment of $18,500 under a long-term lease, and paid off $35,000 of long-term debt last year. What was the EBITDA coverage ratio