Including the new proposed term loan, what is Spread the Joy Organics' $20$X$1$ total liabilities to equity ratio if you: $1)$ treated the shareholder loan as equity, and $2)$ tested the operating line of credit as fully drawn at $$500,000?$ Use the financial analysis worksheet provided to answer this question.

$1\mathrm{.}05$

$1\mathrm{.}25$

$1\mathrm{.}35$

$1\mathrm{.}15$