LU.01 33) 33) The Docksider has net income for the most recent year of $24,650 and a combined tax rate of 24 percent. The firm paid $1,800 in total interest expense and deducted $2,900 in depreciation expense. What was the cash coverage ratio for the year? A) 19.39 times B) 20.63 times C) 20.48 times D) 11.48 times E) 13.69 times