The Lancaster Corporation's income statement is given below.

LANCASTER CORPORATION

Sales $ 234,000

Cost of goods sold 175,000

Gross profit $ 59,000

Fixed charges (other than interest) 33,000

Income before interest and taxes $ 26,000

Interest 17,300

Income before taxes $ 8,700

Taxes (35%) 3,045

Income after taxes $ 5,655

a. What is the times-interest-earned ratio? (Round your answer to 2 decimal places.)

b.What would be the fixed-charge-coverage ratio? (Round your answer to 2 decimal places.)