\begin{tabular}{lrr} & \begin{tabular}{r} End of current year \\ Net sales revenue (all credit) \end{tabular} & \begin{tabular}{c} End or \\ year \end{tabular} \\ Cost of goods sold & $1,320,000 & \\ Gross profit & $825,000 & \\ Selling/general expenses & $495,000 & \\ Interest expense & $280,000 & \\ Net Income & $42,000 & \\ & $173,000 & \\ Current assets & & \\ Long-term assets & $114,000 & $82,000 \\ Total assets & $511,000 & $440,000 \\ Current liabilities & $625,000 & $522,000 \\ Long-term liabilities & $58,000 & $52,000 \\ Common stockholders' equity & $274,000 & $245,000 \\ Total liabilities and stockholders' equity & $293,000 & $225,000 \\ & $625,000 & $522,000 \end{tabular} Inventory and prepaid expenses account for $30,000 of the current year's current assets. Inventory and prepaid expenses account for $30,000 of the current year's current assets. Average inventory for the current year is $36,250. Average net accounts receivable for the current year is $45,000. There are 35,000 shares of common stock outstanding. Total dividends paid during the current year were $17,000. The market price per share of common stock is $20. What is the debt ratio for the current year