You are considering purchasing the preferred stock of a firm but are concerned about its capacity to pay the dividend. To help allay that fear, you compute the times-preferred-dividend-earned ratio for the past three years from the following data taken from the firm's financial statements: Round your answers to two decimal places. 20X1: Year 20X1 20X2 20X3 Operating income Interest Taxes Preferred dividends Common dividends $15,000,000 $17,000,000 $14,000,000 4,000,000 4,900,000 6,600,000 3,900,000 5,200,000 4,100,000 1,300,000 1,300,000 1,000,000 2,100,000 2,300,000 20X2: 20X3: What does your analysis indicate about the firm's capacity to pay preferred stock dividends? Times preferred dividend earned has -Select- each year, which indicates the firm's capacity to pay the dividend has -Select-