The Simmons Corporation's income statement is given below. SIMMONS CORPORATION $295,000 121,000 Sales Cost of goods sold 174,000 29,700 Gross profit Fixed charges (other than interest) Income before interest and taxes Interest 144,300 21,400 Income before taxes Taxes 122,900 3,015 Income after taxes $79,885 a. What is the times interest earned ratio? (Round the final answer to 2 decimal places.) Times interest earned b. What would be the fixed charge coverage ratio? (Round the final answer to 2 decimal places.) Fixed charge coverage