Financial leverage Max Small has outstanding school loans that require a monthly payment of $1,100. He needs to buy a new car for work and estimates that this purchase will add $353 per month to his existing monthly obligations. Max will have 52,960 available after meeting all of his monthly living (operating) expenses. This amount could vary by plus or minus 10% a. To assess the potential impact of the additional borrowing on his financial leverage, calculate the DFL in tabular form for both the current and proposed loan payments using Max's available $2,960 as a base and a 10% change. b. Can Max afford the additional loan payment? c. Should Max take on the additional loan payment