Use the following information to answer this question.

Bayside, Inc. 2010 Income Statement ($ in thousands)
Net sales	$ 7,620
Less: Cost of goods sold	4,740
Less: Depreciation	405
Earnings before interest and taxes	$ 2,475
Less: Interest paid	50
Taxable Income	$ 2,425
Less: Taxes	849
Net income	$ 1,576

Bayside, Inc. 2009 and 2010 Balance Sheets ($ in thousands)
	2009	2010		2009	2010
Cash	$ 160	$ 265	Accounts payable	$ 1,790	$ 2,235
Accounts rec.	1,190	1,030	Long-term debt	910	710
Inventory	1,880	2,170	Common stock	$ 3,440	$ 3,180
Total	$ 3,230	$ 3,465	Retained earnings	980	1,230
Net fixed assets	3,890	3,890
Total assets	$ 7,120	$ 7,355	Total liab. & equity	$ 7,120	$ 7,355

What is the equity multiplier for 2010?