A corporation reports the following year-end balance sheet data. The company's current ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 56,000 Current liabilities 71,000 Long-term liabilities 76,000 Common stock 161,000 Retained earnings $364,000 Total liabilities and equity $ 91,000 48,000 116,000 109,000 $364,000 0 0 0 0 Ron Landscaping's income statement reports net income of $76,700, which includes deductions for interest expense of $12,600 and income taxes of $36,300. Its times interest earned is: 71 times 1 times