The distance of closest approach \( r \) of an alpha particle moving towards a nucleus is given by:
\[
r = \frac{1}{4 \pi \epsilon_0} \frac{Z e^2}{K}
\]
where \( Z \) is the atomic number of the nucleus, \( e \) is the charge of the electron, and \( K \) is the energy of the alpha particle.
By substituting the known values and rearranging the equation, we find that the distance of closest approach is \( 28.8 \times 10^{-16} \, \frac{Z}{K} \).
Thus, the correct answer is \( \boxed{28.8 \times 10^{-16} \, \frac{Z}{K}} \).