Balance sheet and income statement data indicate the following:

Bonds payable, 8% (due in 15 years)	$1,149,428
Income before income tax for year	406,539
Income tax for year	121,962
Interest payable	33,000
Interest receivable	19,000
Interest expense	91,954

Based on the data presented above, what is the times interest earned ratio? (Round to two decimal places.)

a.2.09

b.5.42

c.4.42

d.3.09