In the past year, TVG had revenues of $3.06 million, cost of goods sold of $2.56 million, and depreciation expense of $156,560. The firm has a single Issue of debt outstanding with book value of $1.06 million on which it pays an Interest rate of 8%. What is the firm's times Interest earned ratio? (Do not round Intermedlate calculatlons. Round your answer to 2 declmal places.) Times interest earned