12-23 The CFO of Wilderness Tours (WT) forecasts this year's sales will be $420,000. WT's variable operating costs are 65 percent of sales, its fixed operating costs are $63,000, its interest expense is $42,000, and its marginal tax rate is 40 percent. (a) Compute WT's DOL, DFL, and DTL. (b) If sales actually turn out to be $378,000, what will be WT's actual (1) EBIT and (ii) net income? (LO 12-3) deb

2-23 The CFO of Wilderness Tours (WT) forecasts this year's sales will be $420,000. WT's variable operating costs are 65 percent of sales, its fixed operating costs are $63,000, its interest expense is $42,000, and its marginal tax rate is 40 percent. (a) Compute WT's DOL, DFL, and DTL. (b) If sales actually turn out to be $378,000, what will be WT's actual (i) EBIT and (ii) net income? (LO 12-3)