Culver Corp.'s income statement for the year ended December 31, 2023, had the following condensed information: Service revenue $776,100 Operating expenses (excluding depreciation) $489,000 Depreciation expense 64,000 Unrealized loss on FV-NI investments 4,300 Loss on disposal of equipment 12,800 570,100 Income before income tax 206,000 Income tax expense 56,000 Net income $150,000 There were no purchases or sales of trading (FV-NI) investments during 2023. Culver's statement of financial position included the following comparative data at December 31: 2023 2022 FV-NI investments $22,000 $26,300 Accounts receivable 35,500 54,700 Accounts payable 44,900 31,600 Income tax payable 7,700 8,800 (a) Your answer is correct. Prepare the operating activities section of the statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a negative sign e.g. -15,000 or in parenthesis e.g. (15,000).) Culver Corp. Partial Statement of Cash Flows (Direct Method) For the Year Ended December 31, 2023 (b1) Cash Flows from Operating Activities Cash Received from Customers Cash Paid To Suppliers Cash Paid For Income Taxes Net Cash Provided by Operating Activities eTextbook and Media $ (475,700) i (57,100) i $ 795,300 (532,800) i 262,500 Attempts: 1 of 3 used Assume that Culver's current cash debt coverage ratio in 2022 was 4.5. Calculate the company's current cash debt coverage ratio in 2023. (Round answer to 1 decimal places, e.g. 7.5.) Cash debt coverage ratio times