Enabled: Quiz 3 Current liabilities Bonds payable (11%) (long-term) Common stock Retained earnings Total liabilities and equity MARJORAM COMPANY Income Statement For the Year ended December 31, 2021 Sales Cost of goods sold Gross profit Operating expenses Operating income Interest expense Income before income tax Saved $120,600 115,000 62,000 232,600 $530,200 $914,000 492,400 $421,600 183,000 $238,600 12,650 $225,950 Income tax expense Net income Required: 67,785 $158,165 Compute the times interest earned ratio for Marjoram Company. (Round you Times interest earned ratio search O