On December 31, 20X1, Thomson Company had the following account balances:

Accounts receivable	$15,000
Sales revenues	845,000
Gain on sale of equipment	14,000
Retained earnings (beginning of year, January 1, 20X1)	120,000
Accounts payable	25,000
Loan payable	45,000
Cost of goods sold	650,000
Cash	65,000
Inventory	11,000
Common stock	41,000
Operating expenses	210,000
Dividends	34,000
Unearned revenue	55,000
Property, plant, and equipment	145,000
Prepaid rent	50,000
Bonds payable	35,000

Given these data, what is Thomsons DEBT-TO-EQUITY RATIO as of December 31, 20X1?

1.27

1.00

1.88

0.99

1.01

0.78

0.79

0.56