Laura Bella Company reports the following statement of income: Operating Revenues Costs and Expenses: S4,800 (2,000) (1,500 S1,300 180) S1,120 (350 770 Cost of Sales Selling, Service, Administrative, and General Expensc Income Before Interest Expense and Income Taxes Interest Expense Income Before Income Taxes Income laxes Net Income Note: Depreciation expense totals S300; preferred dividends total S60; operating lcase payments total $180. Assume that 1/3 of operating lease payments is for interest. Required a. Compute the times interest earned. b. Compute the fixed charge coverage