Question 23 (4 points) The following amounts were taken from the financial statements of R.Dodd Company: 2014 2013 Current liabilities $1,280,000 $1,220,000 Long-term liabilities 1,800,000 1,600,000 Interest expense 100,000 50,000 Income tax expense 50,000 30,000 Net income 400,000 170,000 Net cash provided by 425,000 270,000 operating activity The cash debt coverage for 2014 is a) 9.6%. Ob) 23.6%. OC) 33.2%. Od) 13.8%