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 Revenue Cont of Goods Sold Gros Profit Belling General and Administrative Expenses Interest Expense Income before Income Tax Expense Income Tax Expende Net Income 2016 $105,000 63,000 43,000 36,600 550 S. 840 1,500 $4,340 2015 $129.000 73,900 55100 39200 505 16,395 5,600 SI 20/95 Required: 1. Compute the times interest earned ratios for 2016 and 2015. (Round your answers to 1 decimal place.) Times Interest Earned 2015 2016