McDonald Company shows the following condensed income statement information for the current year: Revenue from sales Cost of products sold Gross profit Operating expenses: Selling expenses General expenses Operating income Other income Interest Operating income before income taxes Taxes related to operations Income from operations Extraordinary loss (less applicable income taxes of $40,000) Income before noncontrolling interest Noncontrolling interest (loss) Net income $ 3,500,000 (1,700,000) 1,800,000 $ (775,000) 1,025,000 20,000 (70,000) 975,000 (335,000) 640,000 (80,000) 560,000 (50,000) 510,000 Required Calculate the degree of financial leverage.