Saint Nick Enterprises has 19,100 shares of common stock outstanding at a price of $77 per share. The company has two bond issues outstanding. The first issue has 7 years to maturity, a par value of $2,000 per bond, and sells for 95.5 percent of par. The second issue matures in 21 years, has a par value of $1,000 per bond, and sells for 96.5 percent of par. The total face value of the first issue is $330,000, while the total face value of the second issue is $430,000. What is the capital structure weight of debt?