Use the following information to answer this question 11 36,620 Net sales Coat of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable incon Taxe Net Income 355 $2,025 30 698 $1,297 2016 2017 Canh Accounts rec. Inventory Total Net fixed assets Total assets 2016 and 2017 Balance sheets 16 I thousands 2016 2017 $ 110 $ 215 Accounts payable 990 830 Long-term debt 1.680 2,070 Common stock $2,780 $3,115 Retained earnings 3,690 3,590 $6,470 56,705 Total liab. equity 810 1,240 380 610 1,00 1,130 $6,470 56,705 What is the equity multiplier for 2017