Medina Company produces a single product. The projected income statement for the coming year is as follows: Sales (66,000 units @ $19.00) $1,254,000 Total variable cost 815,100 Contribution margin $ 438,900 Total fixed cost 425,600 Operating income $ 13,300 Required: 1. Compute the break-even sales dollars. 2. Compute the margin of safety in sales dollars. 3. Compute the degree of operating leverage. 4. Compute the new operating income if sales are 20% higher than expected