A firm has inventory of $46,500, accounts payable of $17,400, cash of $1,250, net fixed assets of $318,650, long-term debt of $109,500, and accounts receivable of $16,600. What is the common-size percentage of the equity?

a. 70.12 percent

b. 66.87 percent

c. 42.08 percent

d. 68.75 percent

e. 70.60 percent