During 2020, Quinn Industries reported cash provided by operations of $397,000, cash used in investing of $343,000, and cash used in financing of $95,000. In addition, cash spent for fixed assets during the period was $138,000. Average current liabilities were $325,000 and average total liabilities were $858,000. No dividends were paid. Based on this information, what was Quinn 's "current cash debt coverage"?

a) 1.22 Times

b) 1.16 times

c) 2.88 times

d) 0.82 times