margin of safety in dollars?

Exercise 6-8 (Algo) Compute the Margin of Safety [LO6-7] Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentoge of its sales? (Round your percentage answer to 2 decimal places (i.e. .1234 should be entered as 12.34 ).)