MM Inc. furnished the following information related to their premier product. Total Sales (Units) 3,200 Selling Price Per Unit $160.00 Variable Cost Per Unit $70.40 Fixed Expenses $225,000 You are required to calculate a. Contribution Margin Ratio (1 Mark) b. Break Even Point in Number of Units (1 Mark) c. Sales (in $ amount) to achieve a target profit of $150,000 (1 Mark) d. Operating leverage (1 Mark) e. If the sales increase by 20%, what will be the change (in %) in net income of the company. (1 Mark)