The following balance sheet information is provided for San Juan Company for 2014:

Assets
Cash	$	5,250
Accounts receivable		6,550
Inventory		10,850
Prepaid expenses		3,100
Plant and equipment, net of depreciation		17,100
Land		12,300
Total assets	$	55,150
Liabilities and Stockholders' Equity
Accounts payable	$	2,730
Salaries payable		8,340
Bonds payable (Due in 2020)		11,900
Common stock, no par		17,200
Retained earnings		14,980
Total liabilities and stockholders' equity	$	55,150

What is the company's debt to equity ratio? (Round your final answer to 2 decimal places.)

140.10%

71.38%

34.40%

36.98%