Financial report context:
included in the corporate and consumer loan tables above are purchased distressed loans , which are loans that have evidenced significant credit deterioration subsequent to origination but prior to acquisition by citigroup . in accordance with sop 03-3 , the difference between the total expected cash flows for these loans and the initial recorded investments is recognized in income over the life of the loans using a level yield . accordingly , these loans have been excluded from the impaired loan information presented above . in addition , per sop 03-3 , subsequent decreases to the expected cash flows for a purchased distressed loan require a build of an allowance so the loan retains its level yield . however , increases in the expected cash flows are first recognized as a reduction of any previously established allowance and then recognized as income prospectively over the remaining life of the loan by increasing the loan 2019s level yield . where the expected cash flows cannot be reliably estimated , the purchased distressed loan is accounted for under the cost recovery method . the carrying amount of the company 2019s purchased distressed loan portfolio at december 31 , 2010 was $ 392 million , net of an allowance of $ 77 million as of december 31 , 2010 . the changes in the accretable yield , related allowance and carrying amount net of accretable yield for 2010 are as follows : in millions of dollars accretable carrying amount of loan receivable allowance .

Financial table:
in millions of dollars: beginning balance; accretable yield: $ 27; carrying amount of loan receivable: $ 920; allowance: $ 95
in millions of dollars: purchases ( 1 ); accretable yield: 1; carrying amount of loan receivable: 130; allowance: 2014
in millions of dollars: disposals/payments received; accretable yield: -11 ( 11 ); carrying amount of loan receivable: -594 ( 594 ); allowance: 2014
in millions of dollars: accretion; accretable yield: -44 ( 44 ); carrying amount of loan receivable: 44; allowance: 2014
in millions of dollars: builds ( reductions ) to the allowance; accretable yield: 128; carrying amount of loan receivable: 2014; allowance: -18 ( 18 )
in millions of dollars: increase to expected cash flows; accretable yield: -2 ( 2 ); carrying amount of loan receivable: 19; allowance: 2014
in millions of dollars: fx/other; accretable yield: 17; carrying amount of loan receivable: -50 ( 50 ); allowance: 2014
in millions of dollars: balance at december 31 2010 ( 2 ); accretable yield: $ 116; carrying amount of loan receivable: $ 469; allowance: $ 77

Additional report context:
( 1 ) the balance reported in the column 201ccarrying amount of loan receivable 201d consists of $ 130 million of purchased loans accounted for under the level-yield method and $ 0 under the cost-recovery method . these balances represent the fair value of these loans at their acquisition date . the related total expected cash flows for the level-yield loans were $ 131 million at their acquisition dates . ( 2 ) the balance reported in the column 201ccarrying amount of loan receivable 201d consists of $ 315 million of loans accounted for under the level-yield method and $ 154 million accounted for under the cost-recovery method. .

Question: at december 31 , 2010 what was the percent of the net allowance to the the carrying amount of the company 2019s purchased distressed loan portfolio
Answer: 19.6%