Margin of Safety. Rhetorix, Inc. produces stereo speakers. The selling price per pair of speakers is $900. The variable cost of production is $300 and the fixed cost per month is $60,000. For November, the company expects to sell 125 pairs of sneakers.

a) Calculate expected profit.

b) Calculate the margin of safety in dollars. (Round any percentage to two decimal places and round dollar answers to the nearest dollar)