Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $9,750 7,600 385 $1,765 97 $1,668 584 $1,084 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 210 $ 240 Accounts payable 970 870 Long-term debt 1,720 1,640 Common stock $2,900 $2,750 Retained earnings 3,340 3,850 $6,240 $6,600 Total liab. & equity 2016 2017 $1,500 $1,587 1,000 1,283 3,220 2,960 520 770 $6,240 $6,600 What is the equity multiplier for 2017