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Based on the following financial statements: Income Statement 2012 Sais Cost of goods sold Depreciation Seling & administrative expenses EBIT Interest expenso Taxable income TO Not income $5,500,000 2,850,000 280,000 1,500,000 870,000 130.000 740.000 330.000 $ 410,000 2012 2011 Balance Sheet, year-end Assets Cash Accounts receivable Inventory Total current assets Food at Total assets Liabilities and shareholders' equity Accounts payabio Short-term dobit Total current abati Long term bonos Total $ 50,000 880,000 400,000 $1,200,000 3,100,000 $4,300,000 $ 40,000 690,000 480.000 $1,210,000 2.800,000 $4,010,000 $ 340,000 480,000 $ 820,000 2.520,000 $3,340,000 $ 450,000 550,000 $1,000,000 2,200,000 $3,200,000 $ 310,000 Common stock Rotind carings Tot shareholders' equity Totallats and sholders' equity $ 310,000 650.000 $ 900,000 810,000 $4,300,000 $4.010.000 What is debt/equity (D/E) ratio for 2012? 0