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. Let's see whether these changes are reflected in the income statement of Computer Tycoon Inc. for the year ended December 31, 2016, Sales Revenue Cost of Goods Sold Gross Profit Selling, General, and Administrative Expenses Interest Expense Income before Income Tax Expense. Income Tax Expense Net Incone 2016 2015 $109,000 64,500 $133,500 75,100 44,500 58,400 36,900 38,800 590 5201 7,010 1,500 19,080 5,900 $ 5,510 $13,180 Required: 1. Compute the times interest earned ratios for 2016 and 2015. (Round your answers to 1 decimal place.) 2015 2016 Times Interest Earned