Driver Enterprises reports 2015 earnings before interest and taxes (EBIT) of $547,078 and interest expense of $53,689. Included in its reported operating expenses for 2015 were operating lease expenses of $126,000. It has also reported capitalized interest of $16,929. Based on footnote data and a discount rate of 6% you have already calculated the present value of the future operating lease obligations to be $654,889. Calculate the fixed charge coverage ratio after incorporating the impact of the operating leases using the 1/3-2/3 method. Present your answer rounded to two decimal places, e.g., 20.00.