Young, Inc. 2018 Statement of comprehensive income ($ in millions) Net sales $1.384 Less: Cost of goods sold 605 Less: Depreciation 1801 Earnings before interest and taxes 599 Less: Interest paid 800 Taxable income 5191 Less: Taxes 156 Net income $363 Addition to retained earnings $254 Dividends paid 109 Young, Inc. 2017 and 2018 Statement of financial position ($ in millions) 2017 2018 2017 2018 Cash $100 $121 Accounts payable $400 $350 Accounts rec 350 425 Notes payable 390 370 Inventory 440 410 Total $790 $720 Total $890 $956 Long-term debt 500 550 Net fixed assets 1.556 1.204 Common stock 6001 580 Retained earnings 556 810 Total assets $2,446 $2,660 Total liabilities $2,446 $2,660 What is the times interest earned ratio for 2018