40 The following statement of financial position and statement of comprehensive income should be used. Woodburn, Inc. 2018 Statement of comprehensive income 1 points ($ in thousands) Net Sales $6,380 Less: Cost of Goods Sold 4,120 00:49:57 Less: Depreciation 360 Earnings Before Interest and Taxes 1,900 Less: Interest Paid Taxable Income Less: Taxes 45 1,855 650 Net Income 1.205 Me Woodburn, Inc. Statement of financial position Years ended 2017 and 2018 ($ in thousands) 2017 2018 2017 2018 Cash $230 $340Accounts payable $850 1,020 Accounts rec. 910 950Long-term debt 1,650 1,400 Inventory 1.490 1.460 Common stock 2,500 2.200 Total 2,630 $2,750 Retained earnings 820 1.350 Net fixed assets 3.190 3.220 Total assets $5.820 $5.970 Total liabilities & equity $5.820 $5.970 What is Woodburn's debt-equity ratio for 2018?