There is a known problem that develops over time with the main board of this Mitsubishi LT40164, although I must say the symptom listed is not exactly typical...but it is not unheard of either for this type of failure.
See
http://www.coppelltvrepair.com/p/1635/repair-service-for-mitsubishi-main-board-934c374002-causing-dead-tv-blinking-loop-no-hdmi-no-audio-etc-problems
Nancy, you may, if you would, get information about the TV by getting and reading the manual, here (below):
https://www.manualslib.com/manual/296300/Mitsubishi-Lt-40164.html
Diagnosis: If none of the above test resolve the issue, then the failure lies in one of the following:
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