单选题 Selected information from Ingot Company' s financial statements for the year ended December 31,2004, was as follows prior to the consideration of its impaired asset write-down ( in $ ) :

Cash	120000	Accounts Payable	290000
Accounts Receivable	200000	Deferred Tax Liability	740000
Inventory	300000	Long-term Debt	800000
Property, Plant & Eq.(net)	{{U}}1700000{{/U}}	Conunon Stock	{{U}}490000{{/U}}
Total Assets	2320000	Retained Earnings	2320000

Ingot Company' s excavation machine is permanently impaired. Its purchase price was
$1600000 and its accumulated depreciation was $ 800000 through 2004. The present value of its future cash flows is $ 500000. The write-down of the excavation machine will cause Ingot' s total debt ratio (total debt-to-total capital) to:

• A. increase from 0.44 to 0.51.
• B. increase from 0.44 to 0.48.
• C. decrease from 0.44 to 0.40.