109. Balance sheet and income statement data indicate the following: Bonds payable, 6% (this is year 4 of 20 years) Income before income tax for year Income tax for year Interest payable Interest receivable $1,200,000 340,000 80,000 9,000 26,000 Based on the data presented above, what is the times interest earned ratio? (Round to two decimal places.) a. 5.72 b. 6.83 c. 4.72 d. 4.83