Clarion Enterprises sells its finished product for an average of $37.50 per unit with a variable cost per unit of $17.50. The company has fixed operating costs of $998000. If the firm produces 223000 units, the firm's EBIT are 127000, the preferred stock dividend is $13000, the firm's interest paid is $55000, and the firm's tax rates 35%, what is the firms degree of financial leverage? Express your answer to two decimal places (xx.xx)