CVP Problem (almost 3.pts, per line, 46 Points Total): The store, Art-4-All, is working on a major promotional campaign. One idea the owner is considering will add $30,000 in fixed costs to the $300,000 currenth addition, it is proposed there be a price decrease from $35 to $30 which will produce a 2096 increase (50,000 to 60,000). The variable costs will remain at $20 per item. Your task is to demonstrate the irmpact of these changes on the breakeven point, margin of safety rate degree of operating leverage and earnings. (a) Prepare a CVP Income Statement for Art-4-All: Art-4-All Store CVP Income Statement (b) Current Breakeven Point in dollars (c) Current Margin of Safety Ratio (d) Current Degree of Operating Leverage (e) New Breakeven Point in dollars (f) New Margin of Safety Ratio g) New Degree of Operating Leverage (round to nearest hundred dollars (ends in 00)) % (round to nearest whole percent) (round to two decimal places) (round to nearest hundred dollars (ends in 00)) % (round to nearest whole percent) (round to two decimal places)