The Alexander polynomial of the theta graph

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I am trying to figure out Alexander polynomials, so I am trying to calculate some that look simple. I started with the theta graph

enter image description here

which has presentation

$$\langle a,b,c|c=ab\rangle$$

I have calculated the derivatives and got the matrix:

$$\left( -1 \quad -t \quad 1 \right)$$

So the polynomial should be $-t$ correct?