Following is the latest income statement for Surfside Airlines:

Compute Surfside’s degree of operating leverage (DOL), degree of financial leverage (DFL), and degree of total leverage (DTL).

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Sales $150,000 Variable operating costs (105,000) Gross profit 45,000 Fixed operating costs ( 20,000) Net operating income 25,000 Interest Earnings before taxes Taxes (40%) Net income (15,000) 10,000 ( 4,000) $ 6,000