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balance sheet and income statement data indicate the followi g bonds payable 10% issues 1998 due 2012 1000000 preferred 5% stock 100 par no change

balance sheet and income statement data indicate the followi g bonds payable 10% issues 1998 due 2012 1000000 preferred 5% stock 100 par no change during year 300000 common stock 50 par no change during year 2000000 income before income tax per year 350000 income tax for year 80000 common dividends paid 50000 preferred dividends paid 15000 based on the data presented above what is the number of times bond Interest charges were earned round to one decimal point

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