Kharnila Corp. is considering the purchase of a new factory and would like to finance the purchase with a combination of debt and equity. The factory will cost $$600,000$ total, of which $$251,000$ will be financed by new common stock. The remainder will be financed by debt. What is the proportion of debt financing for use in the WACC calculation? Submit your final answer as a percentage rounded to two decimal places $($Ex$.0\mathrm{.}00\%).$