Rosita's Resources paid $11,310 in interest and $16,500 in dividends last year. Earnings before Interest and Taxes (EBIT) is $32,800, the depreciation expense is $7,900, and the tax rate is 21 percent. What is the value of the cash coverage ratio? Is it more or less safe that a firm that has a cash coverage ratio of 3.75?

3.90, less safe

2.90, more safe

3.60, less safe

3.60, more safe

3.10, less safe