Selected financial data for Surfer Co. is provided below:

($ in millions)
Sales	$	940,000
Interest expense		3,000
Tax expense		21,000
Net income		54,000
Total assets (beginning of year)		900,000
Total assets (end of year)		820,000
Total liabilities (end of year)		600,000
Total stockholders' equity (end of year)		220,000

What is the times interest earned ratio for Company Surfer Co.?

		26.0 times.
		21.0 times.
		18.0 times.
		25.0 times.