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Exhibit-12
For the Year ended December 31, | |||||
2015 | 2014 | 2013 | 2012 | 2011 | |
Pretax income | 8,006,993 | (37,682,275) | 11,153,895 | 16,525,130 | 10,538,928 |
Fixed Charges: | |||||
Interest Expense | 918,129 | 984,428 | 1,043,786 | 783,373 | 343,491 |
Total Earnings | 8,925,122 | (36,697,847) | 12,197,681 | 17,308,503 | 10,882,419 |
Ratio of earnings to fixed charges | 9.72 | (37.28) | 11.69 | 22.09 | 31.68 |