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Calculate the Debt Ratio Using the Following Trial Balance of Superior

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Calculate the debt ratio using the following trial balance of Superior Instruments Company as of December 31,2019.
Superior Instruments Company
Adjusted Trial Balance
December 31, 2019
 Accuunt Title  Debit  Credit  Cash $88,800 Accounts Receivable 5,000 Office Supplies 3,400 Larid 70,000 Building 16,500 Equiprnent 2,000 Accounts Payable $15,000 Notes Payable 60,000 Superior, Capital 50,000 Superior, Withdrawals 1,200 Service Reveruue 72,000 Utilities Expense 4,100 Salaries Expense 4,000 Advertising Expense 2,000 Total $197,000$197,000\begin{array} { l l l } \text { Accuunt Title } & \text { Debit } & \text { Credit } \\\text { Cash } & \$ 88,800 & \\\text { Accounts Receivable } & 5,000 & \\\text { Office Supplies } & 3,400 & \\\text { Larid } & 70,000 & \\\text { Building } & 16,500 & \\\text { Equiprnent } & 2,000 & \\\text { Accounts Payable } & & \$ 15,000 \\\text { Notes Payable } & & 60,000 \\\text { Superior, Capital } & & 50,000 \\\text { Superior, Withdrawals } & 1,200 & \\\text { Service Reveruue } & & 72,000 \\\text { Utilities Expense } & 4,100 & \\\text { Salaries Expense } & 4,000 & \\\text { Advertising Expense } &\underline{ 2 , 0 0 0 } & \\\text { Total } &\underline{\$197,000} &\underline{\$197,000} \\ \end{array}

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