For the most recent year, Grohl, Inc., had sales of $441,000, cost of goods sold of $219,000, depreciation expense of $58,700, and additions to retained earnings of $50,900. The firm currently has 26,000 shares of common stock outstanding, and the previous year's dividends per share were $1.30

Assuming a 35 percent income tax rate, what was the times interest earned ratio? (Round your answer to 2 decimal places (e.g., 32.16).)