TB MC Qu$.13-88($Algo$)$ Lee Company has provided the following...

Lee Company has provided the following information:

Cash flow from operating activities, $$260,000$

Net income, $$184,000$

Interest expense, $$40,000$

Interest cash payments, $$30,000$

Income tax payments, $$160,000$

Income tax expense, $$156,000$

Using the modified method discussed in the text, what was Lee's cash coverage ratio?

Multiple Choice

$7\mathrm{.}60$

$6\mathrm{.}00$

$15\mathrm{.}20$

$15\mathrm{.}00$