Balance sheet and income statement data indicate the following: Bonds payable, 10% (due in 15 years) Income before income tax for year Income tax for year Interest payable Interest receivable Interest expense $1,457,773 417,854 125,356 33,000 19,000 145,777 Based on the data presented above, what is the times interest earned ratio? (Round to two decimal places.) Oa. 1.01 Ob. 2.87 Oc. 2.01 Od. 3.87