At the beginning of the current year, Snell Co. total assets were $268,000 and its total liabilities were $184,200. During the year, the company reported total revenues of $113,000, total expenses of $86,000 and dividends of $15,000. There were no other changes in equity during the year and total assets at the end of the year were $280,000. The company's debt ratio at the end of the current year is:

A. 145%

B. 34.2%

C. 52.0%

D. 65.8%

E. 68.7%