17. Using the DOL that you just calculated (or any other method), if XYZ expects sales to increase 10% next year, what will the new net income be next year? $65,000 $70,000 $75,000 $80,000 $85,000 18. Based on the cost and revenue structure on the XYZ income statement. XYZ is earning a net income equal to 12.5% ($50,000/S400,000) of sales. In order to earn a target net income equal to 25% of sales, what would the sales dollars have to be (using the Y- formula)? a $200,000 b. $300,000 c. $400,000 d. $500,000 Sales $400,000 Variable costs (100,000 Contribution margin $300,000 Fixed costs (250,000 Net Income $ 50.000 14. Based on the cost and revenue structure on the XYZ income statement, what was the break-even point in sales dollars (using the Y-formula)? a. $666,667 b. $566,667 c. $433,333 d $333,333 a. 14% b. 17% c. 20% d. 23% 16. What was the XYZ's Degree of Leverage (DOL)? a. 4.00 b. 5.00 c. 6.00 d. 7.00