The following data were taken from the financial statements of Hunter Inc. for December $31$ of two recent years:

Current

Year Previous

Year

Accounts payable $$415,000$ $$104,000$

Current maturities of serial bonds payable $260,000260,000$

Serial bonds payable, $10\%1,040,0001,300,000$

Common stock, $$1$ par value $50,00060,000$

Paid$-$in capital in excess of par $540,000540,000$

Retained earnings $1,860,0001,480,000$

The income before income tax expense was $$442,000$ and $$386,800$ for the current and previous years, respectively.

b$.$ Determine the times interest earned ratio for both years. Round to one decimal place.