K. B. Toys Inc. expects to maintain the same inventories at the end of 2023 as at the beginning of the year. It is expected that 20,575 units will be sold at a price of $167 a unit. Maximum sales within the relevant range are 27,000 units. Estimated Variable Cost per Unit Sold Categories Estimated Fixed Cost Production Costs: Direct Materials Direct Labor Factory Overhead 200,000 42 45 40 19 Selling Expenses: Sales Salaries and Commissions 110,000 10 Advertising 40,000 Travel 12,000 1 Miscellaneous Selling Expenses 7,600 Administrative Expenses: Office and Officers' Salaries 132,000 Supplies 10,000 Misc. Administrative Expenses 13,400 Total 525,000 3 1 119 a. Prepare an estimated income statement for 2023. b. What is the expected contribution margin ratio? (Include two spaces behind the decimal) c. Determine the break-even sales in units and dollars. d. Construct a cost-volume-profit chart indicating the break-even sales. e. What is the expected margin of safety in dollars and as a percentage of sales? f. Determine the operating leverage.