John National Income Statement For 2019 $215,250 Sales Revenue (350 @ $615 per unit) Cost of Goods Sold: Variable (350 @ $335 per unit) Gross Margin Fixed Cost 98,000 (39,000) $ 59.000 Net Income The magnitude of John National's operating leverage is approximately (round to nearest hundredth): O 3.10 O 0.48 02.08 O 166