Subtract the Following Mixed Numbers $\begin{array} { r } 5 \frac { 2 } { 3 } \\\\- \quad 4 \frac { 3 } { 8 } \\\hline\end{array}$

Multiple Choice

Subtract the following mixed numbers. $\begin{array} { r } 5 \frac { 2 } { 3 } \\\\- \quad 4 \frac { 3 } { 8 } \\\hline\end{array}$

A) $1 \frac { 7 } { 24 }$
B) $\frac { 7 } { 24 }$
C) $1 \frac { 1 } { 24 }$
D) $2$
E) $1 \frac { 1 } { 4 }$