Below is the current statement of comprehensive income for Carlos Construction Limited. Sales $8,000,000 Variable Costs 2,500,000 Fixed Costs 3,000,000 Depreciation 400,000 EBIT 2,100,000 Interest ($10,000,000 at 9%) 900,000 EBT 1,200,000 Tax (40%) 480,000 Net Income 720,000 a) Calculate the degree of operating leverage. b) Calculate the degree of financial leverage. c) Calculate the degree of combined leverage. d) What percentage change in EBIT would result from a 9% decrease in sales? What percentage change in EPS would result from a 9% decrease in sales? e) Assuming the company has 150,000 shares issued and outstanding. What would be the new EPS if sales decreased by 9%?