The following balance sheet information is provided for Santana Company for Year 2:

Assets
Cash	$	5,400
Accounts receivable		15,500
Inventory		18,000
Prepaid expenses		1,600
Plant and equipment, net of depreciation		20,200
Land		19,950
Total assets	$	80,650
Liabilities and Stockholders' Equity
Accounts payable	$	4,500
Salaries payable		11,500
Bonds payable (Due in ten years)		19,000
Common stock, no par		30,000
Retained earnings		15,650
Total liabilities and stockholders' equity	$	80,650
What is the company's debt to equity ratio? (Round your answers to the nearest whole percent.) A. 130% B. 77% C. 42% D. 43%