On December 31, Copper Corporation has the following data available: Net Income $180,000 Interest expense 20,000 Preferred dividends 40,000 Total assets at the beginning of the year 830,000 Total assets at the end of the year 790,000 Total common stockholders' equity at the beginning of the year 570,000 Total common stockholders' equity at the end of the year 480,000 What is the leverage ratio? (Round your final answer to two decimal places.) OA. 0.34 OB. 0.65 C. 1.65 OD. 1.54 C