Question 6 (1 point) A summarized income statement for Leveraged Inc. is presented below Sales $1, 000, 000 Cost of Sales Gross Profit 600,000 $ 400,000 Operating Expenses Operating Income Interest Expense Earnings Before Tax 250,000 150,000 30.000 $ 120,000 Income Tax 40,000 Net Income 80.000 The degree of financial leverage is: $150,000/$30,000 $150,000/$120,000 $1,000,000/$400,000 $150,000/$80,000 $400,000/$120.000