BLNNCA Incorporated prevented its compasative balance sheets (statements of finsnesal poction) beloie IILNCA Incorpotated Halance Shereth In addition, selected financial data below are in thousands of dollars except for per share items - BIANCA Inc, has a December 31 year end. - Common shares of BIANCA Inc. closed at $16.66 per ahare on December 31, 2022, - Net sales and Cost of goods sold were $900 and $510, respectively in 2022 - Interest expense and income tax expense were $15 and $60 respectively in 2022. - 68,000 common shares were outstanding throughout the 2022 fiscal year. - Tax rate is 40% in 2022 . In addition, selected financial data below are in thousands of dollars except for per share items: - BIANCA Inc, has a December 31 year-end - Common shares of BIANCA inc. closed at $16.66 per share on December 31,2022 - Net sales and Cont of goods sold were $900 and $510, respectively in 2022 . - Interest expense and income tax expense were $15 and $60 respectively in 2022. * 68.000 common shares were outstanding throughout the 2022 . fiscal year. - Tax rate is 40% in 2022. Required: Using the data relating to BIANCA Incorporated calculate the 2022 Times-interest-earned Ratio. Show all your calculations clearly. Round all calculations and final answers to two decimal places, for examples: 1.11