Calculate the Debt Ratio Using the Following Trial Balance of Superior

Calculate the debt ratio using the following trial balance of Superior Instruments, Inc. as of December 31, 2019.
Superior Instruments, Inc.
Trial Balance
December 31, 2019
$\begin{array}{ll}\text { Account Title } & \text { Debit } &\text { Credit }\\\text { Cash } & \$ 88,800 \\\text { Accounts Receivable } & 5,000 \\\text { Office Supplies } & 3,400 \\\text { Land } & 70,000 \\\text { Building } & 16,500 \\\text { Equipment } & 2,000\\\text { Accounts Payable } & & \$ 15,000 \\\text { Notes Payable } & & 60,000 \\\text { Common Stock } & & 50,000 \\\text { Dividends } & 1,200 &\\\text { Service Revenue } & & 72,000 \\\text { Utilities Expense } & 4,100 & \\\text { Salaries Expense } & 4,000 & \\\text { Advertising Expense } & \underline{2,000} & \underline{\quad \quad}\\\text { Total } & \underline{\$ 197,000 }& \underline{\$ 197,000}\end{array}$