Calculate the Farm Debt-to-Equity Ratio on 12/31/20 using the following facts: $785,000 The following information is for the year 2020: Total revenue (total gross revenue) Value of farm production Income from operations $667,000 $100,000 Farm Interest (expense) $18,000 Depreciation expense $50,000 $30,000 Value (opportunity cost) of operator labor Value (opportunity cost) of operator management Opportunity Interest Rate $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 30% 75% 42.9% 46.7%