Using the income statement below compute the amounts indetified noted below as "Required". Solutions should be rounded to two decimal places. Assume that Cost of Goods Sold includes Variable expenses only, whereas all General and Adminictrativo cocte ara Fivad 1. Calculate the breakeven point in sales dollars, assuming that interest is also a fixed cost. (2 marks) Breakeven Sales in \$ Calculations: 2. The business has a target of $100,000 in earnings before taxes (also referred to as "Operating Income"). a) What is the sales amount in dollars that will need to be achieved to reach this level of operating income? ( 2 marks) Sales required Calculations: b) How many units would they need to sell? (1 mark) Calculations: 3. Calculate the Degree of Operating Leverage. ( 2 marks) 4. Calculate the Degree of Financil Leverage. (2 marks) Calculations: 5. Calculate their Degree of Combined Leverage ( 1 mark) DCl Calculations: 6. Using the appropriate degree of leverage from above, and assuming that sales increase by 10%. a. Calculate the expected percentage change in net income. Do not prepare a new income statement. ( 1 mark) % change in net income h Commte the naud not incoma in inllare