[Note) To answer next 4 questions, refer to the following information (these same data will appear on each screen of the related question!): Cutlass Company sells a single product. The company's controller prepared the following budgeted income statement for the coming year: Total Sales $140,000 Less: Total variable cost 105.000 Contribution margin 35,000 Less: Total fixed cost 27.000 Operating Income $ 8.000 What is the degree of operating leverage at Cutlass's budgeted level of sales (Round to the two decimal places if necessary)? O 4.00 O 0.25 O 0.23 O 4.38