According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipment fell 3.8 percent between January and December 2016. Let's see whether these changes are reflected in the income statement of Computer Tycoon Inc. for the year ended December 31, 2016 Sales Revenue Cost of Goods Sold Gross Profit selling, General, and Administrative Expenses Interest Expenso Income before Income Tax Expense Income Tax Expense Net Income 2016 $118.000 69.000 49,000 37,800 680 10,520 2.500 $ 9,020 2015 $147.000 78,700 68,300 40,600 565 27,135 6.800 $ 20,335 Required: 1. Compute the times interest earned ratios for 2016 and 2015. (Round your answers to 1 decimal place.) Times Interest Earned 2015 2016