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 2016 $116,000 2015 $144,000 Cost of Goods Sold 68,000 77,900 Gross Profit 48,000 66,100 Selling, General, and Administrative Expenses Interest Expense 37.600 660 40,200 555 Income before Income Tax Expense Income Tax Expense 9,740 2,000 25,345 6,600 Bet Income $ 7,740 $18,745 Required: 1. Compute the times interest earned ratios for 2016 and 2015. (Round your answers to 1 decimal place.) 2015 2016 Times Interest Earried