Deacon Corporation has provided the following financial data from its balance sheet and income statement Total assets Total liabilities Total stockholders' equity Net operating income (income before interest and taxes) Interest expense Year 2 $1,247,000 $ 490,000 $ 757,000 $ 69,709 $ 34,000 Year 1 $1,223,000 $ 483,000 $ 720,000 The company's times interest earned ratio for Year 2 is closest to Multiple Choice 3.05 O 1.05 O 2.05 0.67