Carolina Fastener, Inc., makes a patented marine bulkhead latch that wholesales for $6.03. Each latch has variable operating costs of $3.41. Fixed operating costs are $49,100 per year. The firm pays $12,300 interest and preferred dividends of $7,000 per year. At this point, the firm is selling 31,000 latches per year and is taxed at a rate of 40%. Calculate the following:

The operating breakeven point is Blank 1

. Fill in the blank, read surrounding text. ---------- units. (Round to the nearest integer.)

The firm's EBIT is $ Blank

2. Fill in the blank, read surrounding text.--------------- . (Round to the nearest dollar.)

Calculate the earnings available for common below: (Round to the nearest dollar.)

EBIT
Less: Interest expense
EBT
Less: Taxes (40%)
Net profits
Preferred stock dividend
EACS

The degree of operating leverage is --------------. (Round to three decimal places.)

The degree of financial leverage is ---------------- . (Round to three decimal places.)

The degree of total leverage is ----------------------. (Round to three decimal places.)