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Jane Doe guarantees a commercial real estate loan and has provided a personal financial statement summarized in the table below. What is her leverage (total

Jane Doe guarantees a commercial real estate loan and has provided a personal financial statement summarized in the table below. What is her leverage (total liabilities/total assets) on a "grossed up" basis? Assets Cash Residence Real estate partnerships interests* Other assets Total Assets *Note: O O O O Liabilities $100,000Credit cards 1,500,000Mortgage on residence 3,249,0000ther liabilities 51,000Total liabilities Net worth $4,900,000Total Liabilities and Net Worth $20,000 1,100,000 Total real estate portfolio value: $69,500,000 Net interest in partnerships (%): 34.2% 1,145,000 3,755,000 $4,900,000 25,000 Total real estate portfolio liabilities: $60,000,000 Net interest in partnerships ($): $3,249,000 D

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