David Jones quarantees a commercial real estate loan and has provided a personal financial statement summarized in the table below. What is his leverage (total liabilities/total assets) on a "grossed up" basis? Libies Assets 5500 000Cedt cards S50 S00 Cash Mortgage on 1900 000 1500 000 Residence residence Resi estate parterships 345 000 6000 00Oher labes interet 200 00 Ta tes cher ases 704 500 Net wath Tal Labes and S1.600 000 Total Asss Net Worth "ote Total real estate portlo value 91,00,000 Total real estate portblio lablites: 63.000,000 Net interest in partrershps (%): 20% Net interest in partnerships ($): $6,0.000 percent 1 perent 8 percent 5 peront