a l ding 2 Heading 5 Title Subtitle Subtle Em.. Emphasis Intense E. Strong Find Replace Select Dictate Editing Voice Styles Sensit 2 The China Imports Company manufactures gas masks. The company has fixed costs of $1,527,000 and Interest Expenses of $473,000. Complete the following income statement for 20X1 China Imports COMPANY Income Statement For the Year Ended December 31, 20X1 Sales (200,000 gas masks @ $55 each) $ Less: Variable costs (200,000 gas masks at $30) Fixed costs Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Income tax expense (21%) Earnings after taxes (EAT $ Given this income statement, compute the following: Degree of operating leverage. b. Degree of financial leverage. Degree of combined leverage. Break even point in units (number of gas masks) loan