ABC Company's balance sheets for 2027 are given below: January 1, 2027 December 31, 2027 ASSETS: Cash $12,300 ? Accounts receivable $31,900 $46,300 Inventory $58,200 $69,200 Land $82,900 $92,400 LIABILITIES + EQUITY: Accounts payable $35,400 $67,400 Notes payable $64,900 $77,500 Common stock $39,700 $48, 100 Retained earnings $45,300 ? ABC Company's 2027 income statement is given below: Sales revenue $400,000 Cost of goods sold $236,000 Salaries expense $ 20,000 Interest expense ? Income tax expense $ 19,000 Net income ABC paid dividends of $28,400 during 2027 and had a debt-to-equity ratio of 1.15 at December 31, 2027. Calculate ABC Company's times interest earned ratio for 2027