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Menlo Company distributes a single product. The company's sales and expenses for last month follow: Refer to the data. Compute the company's margin of safety

Menlo Company distributes a single product. The company's sales and expenses for last month
follow:
Refer to the data. Compute the company's margin of safety in both dollar and percentage
terms. (Round your percentage answer to 2 decimal places.)
What is the company's CM ratio? If sales increase by $52,000 per month and there is no change
in fixed expenses, by how much would you expect monthly net operating income to increase?
(Round your percentage answer to 2 decimal places and other answer to the nearest whole
dollar amount.)
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