Calculate the Farm Debt-to-Asset Ratio on 11/20 using the following facts: The following information is for the year 2020: Total revenue (total gross revenue) $785,000 $667,000 Value of farm production Income from operations $100,000 Farm Interest (expense) $18,000 Depreciation expense $50,000 Value (opportunity cost) of operator labor Value (opportunity cost) of operator management Opportunity Interest Rate $30,000 $20,000 4% $1,000,000 $1,100,000 Total farm asset value: Beginning (1/1/20) Ending (12/31/20) Farm equity: Beginning (1/1/20) Ending (12/31/20) $700,000 $750,000 75% 32% 30% 70%