ACME , Inc. reported the following income statement for 2015 Sales $2,500,000 Variable Costs 900,000 Fixed Operating Costs 700,000 EBIT 900,000 Interest Expense 200,000 EBT 700,000 Taxes @ 30% 210,000 Net Income $490,000 Earnings Per Share $4.90 What is the Degree of Total Leverage?

1.78

4.90

1.29

2.28