Use the following information to answer this question. VVat is the equity multiplier tor UL

Use the following information to answer this question. Bayside, Incorporated 2022 Income Statement (in millions) $ 1,780 $ 6,450 Net sales Cost of goods sold Depreciation Earnings before interest Interest paid Taxable income Taxes Net income Cash Accounts receivable Inventory Total Net fixed assets Total assets and taxes 2021 $ 85 960 1,580 2,625 3,590 6,215 Bayside, 4, 290 330 1, see 31 l, 469 514 $ 955 Incorporated 2021 and 2022 Balance Sheets (in millions) 2022 190 800 2,020 3,010 3 , 440 6, 450 Accounts payable Long-term debt Common stock Retained earnings Total liabilities 2021 1,470 770 3, 145 830 6,215 2022 560 3,030 1, 080 equity What is the equity multiplier for 2022?