Current Attempt $in$ Progress

$In$ the past year Wildhorse Corporation had net income $of$ $$208000,$ interest expense $of$ $$53000,$ and tax expense $of$ $$87000.$ During the

current year, Wildhorse refinanced their debt $so$ interest expense $is$ now $$40000.$ Net Income $is$ expected $tobe$ $$248000$ and the tax

expense $is$ expected $tobe$ $$104000.$ What $is$ Wildhorse Corporation's times interest earned after the changes?

$9\mathrm{.}80$

$6\mathrm{.}20$

$7\mathrm{.}03$

$2\mathrm{.}38$