From the following income statement, calculate: a) Degree of financial leverage. b) Degree of operating leverage. c) Degree of combined leverage. For the Year Ended 12/31/2010: Sales: $575,000 TVC: 260,000 Fixed Costs: 94,000 EBIT: 221,000 Interest: 19,500 EBT: 201,500 Taxes at 35% 70,525 Net Income: 130,975 Shares Outstanding: 20,000 EPS: $6.55