Savelots Stores' current financial statements are shown below: Balance Sheet: Inventories $500 Accounts payable $100 Other current assets 400 Short-term notes payable 370 Net equipment 370 Common equity (100 shares) 800 Total assets $1,270 Total liab. and equity $1,270 Income Statement: Sales $2,000 Operating costs 1,843 Operating income 157 Interest 37 EBT 120 Taxes (40%) 48 Net income $72 How much is the time-interest-earned? O a. 3.24 O b. 1.95 O c. 54.1 O d.4.24