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Hi still trying to get the right answer, but i think i do not know enough about oprations accounts. Can you please help me to find the right answer for the times interest earned ratio.... and of course the explanation . Thank you

c. Unpaid salaries at the end of January are $26,100. d. Accrued income taxes at the end of January are $8,000. e. The portion of Notes Payable (long-term) due within the next 12 months is reclassified as Notes Payable (current). The amount of the reclassification is $17,411. Answer is complete but not entirely correct. Analyze the following for Freedom fireworks: (Round your answer to one decimal place) On January 1,2024 , the general ledger of Freedom Fireworks includes the following account balances: During January 2024, the following transactions occur: years. Payments of $1,910 are required at the ead of each nonth for be months. January io Pay cash on account payable, $11,000. January 15 Pay cash for salaries, $28,900. January 10 Firework sales for the month total $195,00. The cost of the units sold is $112,500. Jamairy 31 Pay the first montily instalimint of $1,980 related to the $100,000 borramd on lanuary 1. The following information is avallable on January 31,2024. a. Debreclation on the butidina for the month of - tanciary is catculated using the straight line method. At the time the buiding was purchased, the company csitimated a service life of 10 yeors and ar rebidual value of $24.000 b. The company estimates additional future uncollectible accounts of $2,300. c. Unpaid siaries at the end of January are $26,100. d. Accrued income taxes at the end of January are $8,000. e. The portion of Notes Payable (long-term) due within the next 12 months is reclassified as Notes Payable (current). The reclassification is $17,411. Answer is complete but not entirely correct. Prepare the journal entries for transactions. (If no entry is required for a particular transaction/event, select "No journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) \begin{tabular}{|c|c|c|c|c|c|} \hline 10 & January 31 & Salaries Expense & 0 & 26,100 & \\ \hline & & Salaries Payable & 0 & & 26,1000 \\ \hline \multirow[t]{3}{*}{11} & January 31 & Income Tax Expense & 0 & 8,000 & a \\ \hline & & Income Tax Payable & 0 & & 8,000 \\ \hline & & - & & & \\ \hline \multirow[t]{3}{*}{12} & January 31 & Notes Payable (Long-term) & 0 & 17,4110 & \\ \hline & & Notes Payable (Current) & 0 & & 17,4110 \\ \hline & & & & & - \\ \hline \multirow[t]{2}{*}{13} & January 31 & Sales Revenue & 0 & 195,0000 & \\ \hline & & Retainod Earnings & 0 & & 195,0000 \\ \hline \multirow[t]{7}{*}{14} & January 31 & Retained Earnings & 0 & 179,183 & \\ \hline & & Salaries Expense & 0 & & 55,0000 \\ \hline & & Depreciation Expense & 0 & & 8000 \\ \hline & & Bad Debt Expense & 0 & & 2,3000 \\ \hline & & Cost of Goods Sold & 0 & & 112.5000 \\ \hline & & interest Expense & 0 & & 5830 \\ \hline & & Income Tax Expense & 0 & & 8,0000 \\ \hline \end{tabular} Requirement General Ledoer Income statement Anabyeis Post-dosing Ceneral Ledger Income statement

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