A Portion of Lapore Corporation's Balance Sheet Appears Below The Company's Debt-To-Equity Ratio at the End of Year 2

A portion of Lapore Corporation's Balance Sheet appears below:
$\begin{array}{lrr}\text { Liabilities and Stockholders' Equity }&{\text { Year 2 }} & \text { Year 1 } \\\text { Current liabilities: }& \\\text {Accounts payable }&\$ 209,000 & \$ 200,000 \\\text {Accrued liabilities }&27,000 & 30,000 \\\text {Notes payable,short term }&94,000 & 90,000 \\\text { Total current liabilities. }&330,000 & 320,000 \\\text {Bonds payable. }&280,000 & 280,000 \\\text {otal liabilities }& 610,000 & 600,000\\\text { Stockholders' equity: }\\\text {Common stock, \( \$ 4 \) parvalue }&360,000 & 360,000 \\\text {Additional paid-in capital }&70,000 & 70,000 \\\text {Retained earnings }&589,000 & 570,000\\\text {Total stockholders' equity. }&1,019,000&1,000,000\\\text {Total liabilities \& stockholders' equity. }&\$1,629,000&\$1,600,000\end{array}$ The company's debt-to-equity ratio at the end of Year 2 is closest to:

A) 0.60
B) 0.37
C) 0.39
D) 0.27