E13-5 Computing a commonly used Solvency Ratio (LO 13-4, LO 13-5) 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 Revenge Cost of Good sold Gross Profit Selling General, and Administrative Expenses Interest Tense Income betore Income Tax Expense Income Tax Expense Not Income 2016 $106,000 63.000 43,000 35,600 560 5,840 1.500 54.340 2015 5129,000 73.900 55,100 38.200 505 16,395 5,600 $10.795 Required: 1. Compute the times interest earned ratios for 2016 and 2015. (Round your answers to 1 decimal place.) Answer is complete but not entirely correct. Earned 104 2015