Use the following statement of financial position and statement of comprehensive income Blue Bird, Inc. 2018 Statement of comprehensive income Net Sales $12,6301 Less: Cost of Goods Sold 8,240 Less: Depreciation 1,010 Earnings Before Interest and Taxes 3,380 Less: Interest Paid 750 Taxable income $2,630 Less: Taxes 920 Net Income $1,7101 20171 2018 Cash Accounts rec Inventory Total Net fixed assets Total assets Blue Bird, Inc. Statement of financial position Years ended 2017 and 2018 2017 2018 $640 $590 Accounts payable 1,200 1,390 Long-term debt 2.300 2,470|Common stock $4,140 $4,450 Retained earnings 4,640 5.2001 $8,780 $9.650 Total liabilities & equity 2,500 4,000 1.040 2.800 4,500 1,690 $8,780 $9.650 Total assets $8,780 $9,650 Total liabilities & equity $8,7800 $9,650 What is the equity multiplier for Bluebird for 2018? Multiple Choice O 1.53 1.56 1.59 1.61 16A