For the most recent year, Seether, Inc., had sales of $451,000, cost of goods sold of $218,000, depreciation expense of $57,700, and additions to retained earnings of $49,900. The firm currently has 36,000 shares of common stock outstanding, and the previous years dividends per share were $1.30. Required:

Assuming a 35 percent income tax rate, what was the times interest earned ratio?