Use the following information to answer this question.

Windswept, Inc. 2010 Income Statement ($ in millions)
Net sales	$ 10,800
Less: Cost of goods sold	7,950
Less: Depreciation	420
Earnings before interest and taxes	$ 2,430
Less: Interest paid	100
Taxable Income	$ 2,330
Less: Taxes	816
Net income	$ 1,514

Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions)
	2009	2010		2009	2010
Cash	$ 280	$ 310	Accounts payable	$ 1,790	$ 1,842
Accounts rec.	1,110	1,010	Long-term debt	1,070	1,353
Inventory	2,000	1,745	Common stock	$ 3,360	$ 3,030
Total	$ 3,390	$ 3,065	Retained earnings	650	900
Net fixed assets	3,480	4,060
Total assets	$ 6,870	$ 7,125	Total liab. & equity	$ 6,870	$ 7,125

What is the equity multiplier for 2010?

2.75

3.56

2.35

1.81

1.34