2. An analyst projects that company XYZ's sales will increase from $2.2 million to $2.4 million. COGS will increase from $1.4 million to $1.5 million, but fixed costs and depreciation expense should remain steady at $300 thousand and $200 thousand, respectively. Interest paid will increase from $100 thousand to $150 thousand. The firm's tax rate will hold steady at 21%. a) Show calculations for percentage change in the income statement values b) what is the firm's degrees of operating leverage? (show work) c) What is the firm's financial leverage? (Show work) d)What is the firm's total leverage? (Show work)