Can an expert please solve the question 2 in problem 9-29 so that I can check my work for class. The solution showing only has answers for questions 1 & 3.

Cost Management: A Strategic Emphasis (7th Edition) Chapter 9, Problem 29E 0 (3 Bookmarks)Show all steps: ON Problem Margin of Safety (MOs) Harold McWilliams owns and manages a general merchandise store in a rural area of Virginia. Harold sells appliances, clothing, auto parts, and farming equipment among a wide variety of other types of merchandise. Because of normal seasonal and cyclical fluctuations in the local economy, he knows that his business will also have these fluctuations and he is planning to use CVP analysis to help him understand how he can expect his profits to change with these fluctuations. Harold has the following information for his most recent year Cost of goods sold represents the cost paid for the merchandise he sells, while operating costs represent rent, insurance, and salaries, which are entirely fixed Sales Cost of merchandise sold Contribution margin Operating costs Operating profit $650,000 422,500 227,500 105,000 $122,500 Required 1. What is Harold's margin of safety (MOS) in dollars? What is the margin of safety (MOS) ratio? 2. Of what managerial significance are the measures calculated in requirement 1