f111 i need help with

The income statement for Vermont Communications follows. Assume Vermont Communications signed a three-month, 6%,$70,000 note on June 1, 2024, and that this was the only note payable for the company. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{l} Vermont Communications \\ Income Statement \\ Year Ended July 31, 2024 \end{tabular}} \\ \hline Net Sales Revenue & & 33,000 \\ \hline Cost of Goods Sold & & 13,000 \\ \hline Gross Profit & & 20,000 \\ \hline \multicolumn{3}{|l|}{ Operating Expenses: } \\ \hline Selling Expenses & 750 & \\ \hline Administrative Expenses & 1,850 & \\ \hline Total Operating Expenses & & 2,600 \\ \hline Operating Income & & 17,400 \\ \hline \multicolumn{3}{|l|}{ Other Income and (Expenses): } \\ \hline Interest Expense & ? & \\ \hline Total Other Income and (Expenses) & & ? \\ \hline Net Income before Income Tax Expense & & ? \\ \hline Income Tax Expense & & 3,340 \\ \hline Net Income & & $? \\ \hline \end{tabular} Requirements 1. Fill in the missing information for Vermont's year ended July 31, 2024, income statement. Round to the nearest dollar. 2. Compute the times-interest-earned ratio for the company. Round to two decimals. Requirement 1. Fill in the missing information for Vermont's year ended July 31, 2024, income statement. Round to the nearest dollar. (Use a 12-month year for interest computations. Use a minus sign or parentheses to enter other expenses.) Requirement 2. Compute the times-interest-earned ratio for the company. Round to two decimals. Select the formula and enter the amounts to compute the times-interest-earned ratio. (Round your answer to two decimal places, X.XX.) Times-interest-earned ratio =