Data from Lheureux Corporation's most recent balance sheet and the company's income statement appear below Year 2 Year $ 1,480 $ 1,440 400 Total assets Total liabilities Total stockholders' equity 450 $ 1,040 $ 1,030 Income Statement For the Year Ended December 31, Year 2 (in thousands of dollars) Sales (all on account) Cost of goods sold Gross margin Selling and administrative expense Net operating income Interest expense Net income before taxes Income taxen (308) Net income $1,280 850 430 355 75 18 57 17 $ 40 The times interest earned ratio for Year 2 is closest to: 2.22 O 4.17 3.17 5.95