Deacon Corporation has provided the following financial data from its balance sheet and income statement:

	Year 2	Year 1
Total assets	$ 1,210,100	$ 1,168,100
Total liabilities	$ 478,000	$ 460,100
Total stockholders' equity	$ 732,100	$ 708,000
Net operating income (income before interest and taxes)	$ 67,866
Interest expense	$ 15,000

The companys debt-to-equity ratio at the end of Year 2 is closest to:

Multiple Choice

0.22

0.59

0.65

0.40