The 2013 and 2014 Balance Sheets for Ottoman Manufacturing Company

The 2013 and 2014 balance sheets for Ottoman Manufacturing Company appear below:
$$\begin{array}{lrr}& \underline{2013} & \underline{2014} \\\text{Current Assets} \\\text{~~Cash} & \$ 16,000 & \$ 15,000 \\\text{~~Accounts Receivable, net} & 20,000 & 19,000 \\\text{~~Inventory} & \underline{30,000} & \underline{28,000} \\\text{Total Current Assets} & 66,000 & 62,000 \\\text{Plant \& Equipment, net} & \underline{60,000} & \underline{40,000} \\\text{Total Assets} & \underline{126,000} & \underline{102,000} \\\\\text{Current Liabilities} & 20,000 & 30,000 \\\text{Noncurrent Liabilities} & \underline{60,000} & \underline{40,000} \\\text{Total Liabilities} & 80,000 & 70,000 \\\text{Stockholders' Equity} \\\text{~~Common Stock} & 2,000 & 2,000 \\\text{~~Additional Paid-In Capital} & 4,000 & 4,000 \\\text{~~Retained Earnings} & \underline{40,000} & \underline{26,000} \\\text{Total Stockholders' Equity} & \underline{46,000} & \underline{32,000} \\\text{Total liabilities and Stockholders' Equity} & \underline{\underline{\$126,000}} & \underline{\underline{\$102.000}} \\\end{array}$$ What is the debt ratio for 2014?

A) 39.2%
B) 61.4%
C) 68.6%
D) 100%