Albatross Airline's fixed operating costs are $5.3 million, and its variable cost ratio is 0.15 . The firm has $2.1 million in bonds outstanding with a coupon interest rate of 10 percent. Albatross has 20,000 shares of preferred stock outstanding, which pays a $1.6 annual dividend. There are 70,000 shares of common stock outstanding. Revenues for the firm are $8 million, and the firm is in the 40 percent corporate income tax bracket. Compute the following for the firm. Round your answers to three decimal places. a. Degree of operating leverage: b. Degree of financial leverage: c. Degree of combined leverage: Interpret this value. Enter your answer for dollar value in whole dollar. For example, an answer of $1.20 million should be entered as 1,200,000, not 1.20. From a base level of $ , each one percent increase in results in a percent in Hide Feedback Check My Work (7 remaining)