The income statement for Pennsylvania Communications follows. Assume Pennsylvania Communications signed a three-month, 9%, $80,000 note on June 1, 2024, and that this was the only note payable for the company. E: (Click the icon to view the income statement.) Requirements 1. Fill in the missing information for Pennsylvania's year ended July 31, 2024, income statement. Round to the nearest dollar. 2. Compute the times-interest-earned ratio for the company. Round to two decimals. Requirement 1. Fill in the missing information for Pennsylvania's year ended July 31, 2024, income statement. Round to the nearest dollar. (Use a 12-month year for interest computations. Use a minus sign or parentheses to enter other expenses.) Pennsylvania Communications Income Statement Year Ended July 31, 2024 Net Sales Revenue $ 30,000 (11,000) Cost of Goods Sold Gross Profit 19,000 Operating Expenses: Selling Expenses Administrative Expenses $ 730 1,400 (2,130) 16,870 Total Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Total Other Income and (Expenses) Net Income before Income Tax Expense ncome Tax Expense (3,130) Net Income Requirement 2. Compute the times-interest-earned ratio for the company. Round to two decimals. Select the formula and enter the amounts to compute the times-interest-earned ratio. (Round your answer to two decimal places, X.XX.) Times-interest-earned ratio