16.A firm has operating profit of $200,000 after deducting lease payments of $40,000. Interest expense is $60,000. What is the firm's fixed charge

16. A firm has operating profit of $200,000 after deducting lease payments of $40,000. Interest expense is $60,000. What is the firm's fixed charge coverage? 

A. 5.00x

B. 4.00x                                                         

C. 3.33x

D. 2.40x

Please provide steps on how you got the answer.