According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipment fell 3.8 percent between January and December 2016. Lets see whether these changes are reflected in the income statement of Computer Tycoon Inc. for the year ended December 31, 2016.

	2016				2015
Sales Revenue		$	107,000			$	130,500
Cost of Goods Sold			63,500				74,300
Gross Profit			43,500				56,200
Selling, General, and Administrative Expenses			36,700				38,400
Interest Expense			570				510
Income before Income Tax Expense			6,230				17,290
Income Tax Expense			1,500				5,700
Net Income		$	4,730			$	11,590

Required:

1. Compute the times interest earned ratios for 2016 and 2015.