Some recent financial statements for Smolira Golf Corp. follow Assets 2018 2017 $ Current assets Cash Accounts receivable Inventory $ 24,246 14.448 27,992 SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 26,100 Accounts payable $ 25,184 17,200 Notes payable 20,000 29,100 Other 13,571 $ 72,400 Total $ 58,755 Long-term debt $ 89,000 29,100 12,800 18,100 Total $ 66,686 $ 60,000 $ 101,000 $ 50.000 Owners' equity Common stock and paid-in $ 50.000 surplus Accumulated retained 213,626 earnings 226,000 Fixed assets Net plant and equipment $344,695 $364,600 Total $263.626 $ 276.000 Total assets $ 411,381 $ 437,000 Total liabilities and owners' equity $ 437,000 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $360,968 262,500 29,200 Earnings before interest and taxes Interest paid $ 69,268 16,300 Taxable income Taxes (20%) $ 52.968 10,594 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $360,968 262,500 29,200 Earnings before interest and taxes Interest paid $ 69,268 16,300 Taxable income Taxes (20%) $ 52,968 10,594 $ 42,374 Net income Dividends Retained earnings $30,000 12,374 Smolira Golf Corp. has 40,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $30. What is Tobin's Q for Smolira Golf? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Tobin's Q 2.98