[The following information applies to the questions displayed below.] The accounting records of Nettle Distribution show the following assets and liabilities as of December 31 for Year 1 and Year 2. December 31 Cash Accounts receivable Office supplies 24,155 3,560 158,916 Year 1 $ 56,760 Year 2 $ 11,341 30,810 4,860 149,190 58,380 67,380 0 194,614 Land 48,564 Accounts payable 81,000 40,174 Note payable 143,178 Office equipment Trucks Building 3. Compute the Year 2 year-end debt ratio. Numerator: Debt Ratio Denominator: = Debt Ratio = Debt ratio