Using the following selected income statement data for KRJ Enterprises, calculate the debt service coverage ratio. Present your answer rounded to two decimal places. e.g. 20.00.

Sales $12,702

Cost of goods sold 8,047

Cash operating expenses^* 2,295

Depreciation and amortization expense 1,014

Operating earnings (EBIT) 7,298

Interest expense 928

Tax expense 1,126

*included in the cash operating expenses are $844 of operating lease expenses

In addition, $428 of interest was capitalized during the year debt principal of $1,364 was repaid.