Peter Company's income statement for the year 2020 was as follows. Total (S) 22,80,000 13,20,000 9.60.000 Sales (40,000 Units). Variable expenses...... Contribution margin.... Fixed Expenses. Net Operating Income L 11. III. IV. V. VL 3.55.000 6.05.000 Per Unit (S) 57 33 Requirements: Compute the company's CM ratio & Variable expense ratio. Compute the company's Break-Even point in both units & sales dollars. Compute the margin of safety in dollars & in percentage. 10 Using the equation method solve for the unit sales that are required to earn a target profit of $1,70,000. Compute the company's degree of operating leverage at the present level of sales. Prepare a new contribution format income statement showing 12% increases in sales assuming for next year.