Marine Inc had the following information available from their financial statements. Total Assets $230,000 Total Liabilities $85,000 Total Owners's Equity $145,000 If Marine Inc were to purchase land for $20,000 on credit under an agreement to pay the land in one year, what would the debt to total assets ratio immediately after the purchase? a. 0.42 b. 0.46 c. 0.37 d. 0.34