Please see this empty income statement from Spuds and Suds for FY 2020. Please calculate the level of sales in units required to break even (EBIT=0) if price per units is $16.00, unit sales is 148000, and variable costs as a percent of sales is 57%. Calculate using the formula then confirm with Goal Seek. Please give your answer rounded to two decimal places. Please see this empty income statement from Suds and Spuds for FY 2020. Calculate the degree of operating leverage if price per units is $16.50, unit sales is 150000, and variable costs as a percentage of sales is 70%. Please give your answer rounded to two decimal places. $ 1 Suds and Spuds 2 Income Statement 3 For the Year Ended Dec. 31, 2020 4 2020 5 Sales 6 Less: Variable Costs 7 Less: Fixed Costs $ 250,000 S Earnings Before Interest and Taxes 9 Less: Interest Expense $ 50,000 10 Earnings Before Taxes 11 Taxes 12 Net Income 13 14 Less: Preferred Dividends 50,000 15 Net Income Available to Common 16 Common Shares Outstanding 1,000,000 17 Earnings per Share 18 19 Assumptions 20 Price per Unit 21 Unit Sales 22 Variable Costs as a Percent of Sales 23 Tax Rate 20% 24 25 Operating Break-even Point (Units) 26 Operating Break-even Point (Dollars) 27 8 Units to Meet EBIT Target 9 $