Good Afternoon, Could you provide some assistance calculating the company's margin of safety in percentage terms?

2 Menlo Company distributes a single product. The company's sales and expenses for last month follow: 5 Per points Total Uni't Sales 2, 624,869 s we Variable expenses 436,586 28 Contribution margin 18?,266 $ 12 Fixed expenses 148,306 Net operating income '5 38,489 Required: l. What is the monthly breakieven point in unit sales and in dollar sales\" 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $56,400? 3b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Referto the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? lfthe company can sell more units thereby increasing sales by $99,000 per month and there is no change in fixed expenses, by how much wouid you expect monthly net operating income to increase? 0 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Red 1 Red 2 Rec] 311 Req 3B Rel: 4 Red 5 Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentage answer to 2 decimal places (Le. 0.1234 should be entered as 12.34).) Margin of safety $ 123.0 20500 Dr, ( RqulB Req >