Below is selected financial information for SunRise Company.

Selected Balance Sheet Data -	As of Dec. 31, 2017	Dec. 31, 2016
Cash and short-term investments	$ 958,245	$ 745,800
Accounts Receivable (net)	125,850	135,400
Inventories	195,650	175,840
Prepaid Expenses and other current assets	45,300	30,860
Total Current Assets	$1,325,045	$1,087,900
Plant, Property and Equipment, net	1,478,320	1,358,700
Intangible Assets	125,600	120,400
Total Assets	$2,928,965	$2,567,000
Short-term borrowings	$ 25,190	$ 38,108
Current portion of long-term debt	45,000	40,000
Accounts payable	285,400	325,900
Accrued liabilities	916,722	705,891
Income taxes payable	125,400	115,600
Total Current Liabilities	$1,397,712	$1,225,499
Long-term Debt	450,000	430,000
Total Liabilities	$1,847,712	$1,655,499
Shareholders' Equity	$1,081,253	$ 911,501
Total Liabilities and Shareholders' Equity	$2,928,965	$2,567,000
Selected Income Statement Data - for the year ending December 31, 2017:
Net Sales	$3,210,645
Cost of Goods Sold	(2,310,210)
Operating Income	$ 900,435
Net Income	$ 324,850
Selected Statement of Cash Flow Data - for the year ending December 31, 2017:
Cash Flows from Operations	$584,750
Interest Expense	42,400
Income Tax Expense	114,200

SunRises 2017 Long-term Debt to Long-Term Capital ratio would be:

a)29.4%

b)31.4%

c)25.4%

d)34.0%