3. Assume that James decides to focus on commercial clients and his business is operating at 140 hours per month Calculate the margin of safety both in dollars and as a percentage of sales. (Round percentage answer to 1 decimal place.) Margin of safety (in dollars) Margin of safety as a percentage of sales Check my w James House is planning on starting a cleaning services business but has not decided whether he should focus on residential clients or commercial clients. His estimates of revenue, variable expenses, and fixed expenses are shown below. Revenue Variable expense Fixed expense $ $ $ Residential 45 per hour 27 per hour 2,025 per month Commercial $ 55 per hour $ 22 per hour $ 3,300 per month