Harold McWilliams owns and manages a general merchandise store in a rural area of Virginia. Harold sells appliances, clothing, auto parts, and farming equipment, among a wide variety of other types of merchandise. Because of normal seasonal and cyclical fluctuations in the local economy, he knows that his business will also have these fluctuations, and he is planning to use CVP analysis to help him understand how he can expect his profits to change with these fluctuations. Harold has the following information for his most recent year. Cost of goods sold represents the cost paid for the merchandise he sells, while operating costs represent rent insurance, and salaries, which are entirely fixed Sales Cost of merchandise sold Contribution margin Operating costs Operating profit $880,000 624,800 255,200 121,510 $133,690 Required: 1-. What is Harold's margin of safety (MOS) in dollars? (Do not round intermediate calculations.) 1-b. What is the margin of safety (MOS) ratio? (Input your answer as a percentage rounded to 2 decimal places (ie, 0.1567 15.67%) 3. What is Harold's margin of safety on dollars) and operating profitif sales should fall to $735,000? (Do not round intermediate calculations) 1a Margin of safety (MOS) 1-5 MOS 3 Margin of safety Operating prote Bi ype here to search F9 F10 F7 FB F4 F3 F5 F2 F1 F6 De a mi X A * C @ # $ 4 % 5 & 7 00 3 9 6 N