The diameter $\overline{AB}$ of a circle of radius $2$ is extended to a point $D$ outside the circle so that $BD=3$. Point $E$ is chosen so that $ED=5$ and line $ED$ is perpendicular to line $AD$. Segment $\overline{AE}$ intersects the circle at a point $C$ between $A$ and $E$. What is the area of $\triangle ABC$?
$\textbf{(A)}\ \frac{120}{37}\qquad\textbf{(B)}\ \frac{140}{39}\qquad\textbf{(C)}\ \frac{145}{39}\qquad\textbf{(D)}\ \frac{140}{37}\qquad\textbf{(E)}\ \frac{120}{31}$
Notice that $ADE$ and $ABC$ are right triangles. Then $AE = \sqrt{7^2+5^2} = \sqrt{74}$. $\sin{DAE} = \frac{5}{\sqrt{74}} = \sin{BAE} = \sin{BAC} = \frac{BC}{4}$, so $BC = \frac{20}{\sqrt{74}}$. We also find that $AC = \frac{28}{\sqrt{74}}$ (You can also use power of point ~MATHWIZARD2010), and thus the area of $ABC$ is $\frac{\frac{20}{\sqrt{74}}\cdot\frac{28}{\sqrt{74}}}{2} = \frac{\frac{560}{74}}{2} = \boxed{\textbf{(D) } \frac{140}{37}}$.