Assuming discounted rate is 3.75%

3. American Eagle Outfitters reported the following operating lease information in a footnote to the 2016 annual report (in thousands): Fiscal Years 2017 2018 2019 2020 2021 Thereafter Total Future Minimum Lease Payments $287,822 260,847 228,085 207,029 182,219 489,739 $1,655,741 American Eagle Outfitters' balance sheet reveals that the company has $1,782,660 thousand total assets and $578,091 thousand total liabilities. What proportion of assets and liabilities are on balance sheet versus off balance sheet