8. Malancha Plast Ltd. provides you the following information:

Capital Gearing Ratio: 3 Fixed Cost: 1/3rd to total operating cost Dividend Yield: 6%

Operating Ratio: 75%
Ratio of 18% Preference Shares to 15% Debentures: 12.5%
Dividend Payout Ratio: 30%
Accumulated Reserves: `4,00,000 Capital Employed: `24,00,000 Market Price of an Equity Share of `10: `135 Tax Rate: 40%
Prepare an Income Statement and calculate the degree of operating leverage, financial leverage and combined leverage.