Consider the following financial data for Shane$$s Pool Supply:

Balance Sheet as of December $31,2025$

Cash

$

$51,000$

Accounts payable $

$72,500$

Receivables

$114,500$

Notes payable

$176,500$

Inventories

$235,500$

Accrued wages and taxes

$97,000$

Total current assets

$

$401,000$

Total short$-$term liab. $

$346,000$

Long$-$term debt

$440,500$

Net fixed assets

$647,500$

Common equity

$262,000$

Total assets

$

$1,048,500$

Total liabilities & equity $

$1,048,500$

Profit & Loss Statement for the Year Ended December $31,2025$

Sales

$

$330,000$

Cost of goods sold

$202,000$

Gross profit

$

$128,000$

Operating expenses

$72,000$

Earnings before interest and taxes $($EBIT$)$

$

$56,000$

Interest expense

$43,000$

Earnings before taxes $($EBT$)$

$

$13,000$

Federal and state income taxes $(25$ percent$)$

$3,250$

Net profit

$

$9,750$

Calculate Shane$$s debt$-$to$-$capital ratio. $($Remember that accounts payable and accruals are not considered $$debt$$ or $$capital$$ in this computation.$)$

Group of answer choices

$70\mathrm{.}2\%$

$50\mathrm{.}1\%$

$29\mathrm{.}8\%$

$235\mathrm{.}5\%$

$20\mathrm{.}1\%$