Consider the information below for the next question. Some recent statements for Smolira Golf, Inc. follow: SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2016 and 2017 Assets As of December 31 2016 2017 ASSETS Current Assets Cash $4,607 $4,910 Accounts Receivable 6,702 8,149 Inventories 17,357 19,350 Total Current Assets $28,666 $32,409 Net Fixed Assets Total Assets $58,688 $87,354 $76,810 $109,219 LIABILITIES & STOCKHOLDERS' EQUITY Current Liabilities Accounts Payable $3,413 Notes Payable 2,768 Other 138 Total Current Liabilities $6,319 $3,846 3,416 165 $7,427 $22,500 $19,000 Long-Term Debt Owners' Equity Par value and Paid-In Surplus Retained Earnings $38,000 $20,535 $38,000 $44,792 Total Stockholders' Equity Total Liabilities & Stockholders' Equity $58,535 $87,354 $82,792 $109,219 SMOLIRA GOLF, INC. 2017 Income Statement Sales $205,227 Less: Cost of Goods Sold 138,383 Less: Depreciation Expense 5,910 $60,934 Earnings Before Interest & Taxes (EBIT) Less: Interest Expense 1,617 Net Income Before Taxes $59,317 Less: Taxes (35%) 20,760 Net Income After Taxes $38,557 Dividends Paid $14,300 Retained Earnings $24,257 Round your answers to two decimal places. The total debt ratio for Smolira Golf for 2017 is OA) 0.33 OB) 0.12 OC) 0.24 OD) 0.17