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. 2015 $130.500 74.300 55.00 Sales Revenue Cost of Goods Sold Gross profit Selling, General, and Administrative Expens Interest Expense Income before Income Tax Expense Income Tax Expense Net Income 2016 $107.000 63.500 43.500 36,700 570 5,230 1,500 $ 4,730 Required: 1. Compute the times interest earned ratios for 2016 and 2015. (Round your answers to 1 decimal place) Eamed 2015