The Simmons Corporation's income statement is given below. SIMMONS CORPORATION Sales Cost of goods sold $256,000 181,000 Gross profit Fixed charges (other than interest) 75,000 27,700 Income before interest and taxes Interest 47, 300 13,200 Income before taxes Taxes 34,100 11,935 Income after taxes $22,165 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 X