Check My Work $(2$ remaining$)$

Beachcomber Treasures has determined that its degree of operating leverage $($DOL$)$ is $4\mathrm{.}1$ and its degree of financial leverage $($DFL$)$ is $3\mathrm{.}0.$ Beachcomber

forecasts EBIT will be $$475,000$ next year and net income will be $$190,000.$

a$.$ What is Beachcomber's degree of total leverage $($DTL$)?$ Round your answer to one decimal place.

b$.$ If next year's sales are $3$ percent lower than forecasted, what will be Beachcomber's actual $($i$)$ EBIT and $($ii$)$ net income? The firm has no preferred stock. Do

not round intermediate calculations. Round your answers to the nearest dollar.

Actual EBIT: $

Actual net income: $