CREATE TABLE table_54478 ("Res." CLOB, "Record" CLOB, "Opponent" CLOB, "Method" CLOB, "Event" CLOB, "Round" CLOB, "Time" CLOB, "Location" CLOB)

What Event is at the Time 1:16?
SELECT "Event" FROM table_54478 WHERE "Time" = '1:16'
SELECT "Event" FROM "table_54478" WHERE "Time" = '1:16'