Integrative Multiple leverage measure and prediction: Carolina Fastener Inc. makes a patented marine bulkhead latch that wholesales for $6.00. Each latch has variable operating cost of $3.50. Fixed costs are $50,000 per year. The firm pays $13,000 interest and preferred dividends of $7,000 per year. At this point, the firm is selling 30,000 latches per year and is taxed at a rate of 21%.

a. Calculate Carolina Fasteners operating breakeven point.

b. On basis of the firms current sales of 30,000 units per year and its interest and preferred dividend costs, calculate its EBIT and earnings available for common.

c. Calculate the firms degree of operating leverage (DOL)

d. Calculate the firms degree financial leverage (DFL)

e. Calculate the firms degree of total leverage (DTL)

f. Carolina Fastener has entered into a contract to produce and sell an additional 15,000 latches in the coming year. Use the DOL, DFL, AND DTL to predict and calculate the changes in EBIT and earnings available for common. Check your work by a simple calculation of Carolina Fasteners EBIT and earnings available for common, using the basic information given.

Show work please and thank you