Use the following information to answer this question. Bayside, Inc. 2010 Income Statement ($ in thousands) Net sales $ 6,320 Less: Cost of goods sold 4,090 Less: Depreciation 340 Earnings before interest and taxes $ 1,890 Less: Interest paid 35 Taxable Income $ 1,855 Less: Taxes 649 Net income $ 1,206 Bayside, Inc. 2009 and 2010 Balance Sheets ($ in thousands) 2009 2010 2009 2010 Cash $ 95 $ 200 Accounts payable $ 1,520 $ 1,850 Accounts rec. 1,000 840 Long-term debt 790 580 Inventory 1,620 2,040 Common stock $ 3,185 $ 3,050 Total $ 2,715 $ 3,080 Retained earnings 850 1,100 Net fixed assets 3,630 3,500 Total assets $ 6,345 $ 6,580 Total liab. & equity $ 6,345 $ 6,580 What is the equity multiplier for 2010?