A project has an estimated sales price of $69 per unit, variable costs of $41.18 per unit, fixed costs of $62,000, a required return of12 percent, an initial investment of $68,500, no salvage value, and a life of 3 years. Ignore taxes. What is the degree of operating leverage at the financial break-even level of output?

2.33

3.17

2.72

2.53

3.03