Use the table for the question(s) below.
Luther Industries currently has the following balance sheet (in thousands of dollars) : 
Luther is about to add a new fleet of delivery trucks.The price of the fleet is $1.5 million.
-If Luther acquires the new fleet of delivery trucks using a capital lease,Luther's Debt to Equity ratio will be closest to:
Definitions:
Forward Contract
A financial derivative that represents a customized contract between two parties to buy or sell an asset at a specified price on a future date.
Carrying Value
The book value of assets and liabilities, reflecting their recorded cost minus any depreciation, amortization, or impairment charges.
Spot Rate
The price at which a financial instrument or commodity can be bought or sold for immediate delivery, emphasizing current market value.
Fair Value Hedge
A hedge that protects against changes in the fair value of assets, liabilities, or unrecognized firm commitments.
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