In the past year, TVG had revenues of $3.09 million, cost of goods sold of $2.59 million, and depreciation expense of $133,760. The firm has a single issue of debt outstanding with book value of $1.09 million on which it pays an interest rate of 8%. What is the firm's times interest earned ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Times interest earned